SSC Indian Polity and Civics Sample Paper NCERT Sample Paper-3

  • question_answer
    The Annual Financial Statement is caused to be laid before both Houses of Parliament by the

    A)  President          

    B)  Speaker

    C)  Vice-President

    D)  Finance Minister

    Correct Answer: A

    Solution :

    [a] The 'Annual Financial Statement', laid before both the Houses of Parliament constitutes the Budget of the Union Government. President shall, in respect of every financial year, cause to be laid before Parliament, Annual Financial Statement (article 112). The statement embodies the estimated receipts and expenditure of the Government of India for the financial year.

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