Union Budget Procedure
Question
With reference to Union Budget, consider the following statements: Which of the statements given above is/are correct?
- 1.
The Union Finance Minister on behalf of the Prime Minister lays the Annual Financial Statement before both the Houses of Parliament.
- 2.
At the Union level, no demand for a grant can be made except on the recommendation of the President of India.
Options
1 only
2 only
Both 1 and 2
Neither 1 nor 2
Explanation
Statement 1 is incorrect; Article 112 states that the President (not the Prime Minister) shall, in respect of every financial year, cause the Annual Financial Statement to be laid before Parliament (the Finance Minister does this on the President's behalf). Statement 2 is correct; Article 113(3) strictly dictates that no demand for a grant shall be made except on the recommendation of the President.
Answer: (b).
Question details
Year
2024
Paper
GS Paper 1
Question
Q85
Subject
Polity
Sub-topic
Parliament & Legislature
Type
Statement-based
Difficulty
Medium
Nature
Static
Source hint
Constitution Art.112
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