The correct answer is option 4: Finance Bill and Appropriation Bill.

When the budget is presented to the Parliament, it is accompanied by two important Bills: the Finance Bill and the Appropriation Bill.

The Finance Bill is a crucial piece of legislation that outlines the government`s taxation proposals for the upcoming financial year. It introduces or amends existing tax laws and provisions, including direct and indirect taxes, to generate revenue for the government.

On the other hand, the Appropriation Bill is responsible for allocating funds from the Consolidated Fund of India to various government departments and ministries. It specifies the amounts that can be spent on different government activities and programs.

These two Bills are presented together with the budget as they are essential for the government to implement its fiscal policies effectively. They lay the foundation for revenue generation and expenditure management in the country.

Alert - correct answer should be Option 4: Finance Bill and Appropriation Bill.