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What is the situation called when no party gets the required majority to form the government?
A) Minority government
B) Hung Parliament
C) Majority government
D) Coalition government

Answer
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Hint: The process of selecting a prime minister and cabinet members under a parliamentary system is known as government formation. If no single party has a majority of seats, it may be necessary to decide which parties will form a coalition administration. It normally happens after an election, but it can also happen after a vote of no confidence in a government that already exists.

Complete answer:
Let us analyze the given options:
Option A) This is not the correct option because a minority government, sometimes known as a minority parliament, is created under a parliamentary system when a political party or coalition of parties does not have a majority of overall seats in the legislature. It is sworn into office, with or without the formal support of other political parties, in order to establish a government.
Option B) This is the correct option because many political parties compete in the elections in order to gain power. They create a government if they gain a majority. Many times, no single party achieves the necessary majority to create a government. Hung Parliament or Hung Assembly refers to such a circumstance. In such a situation, some political parties join forces and establish alliances in order to gain the necessary majority to form a government.
Option C) This is not the correct option because a majority government is one in which one or more ruling parties have an absolute majority of legislative seats. A minority government, on the other hand, is one in which the largest party in a legislature only has a plurality of members. The balance of power is determined by a governing majority.
Option D) This is not the correct option because a coalition government is one formed by political parties working together to establish a government. The most common reason for this arrangement is that no single political party has ever won an absolute majority in an election.

Therefore the correct answer is option ‘B’. A hung parliament is formed when no party gets the required majority to form the government.

Note: n the event of a hung parliament, neither party or coalition has an automatic mandate to take control of the executive — a situation known as "forming (a) government" in parliamentary systems. It's feasible that an absolute majority can still be achieved by forming a new coalition government or adding previously unaffiliated members to an existing alliance.