New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    Annual Financial Statement or Budget is placed in

    Parliament under the article ____.
    A 109 Correct Answer Incorrect Answer
    B 110 Correct Answer Incorrect Answer
    C 112 Correct Answer Incorrect Answer
    D 128 Correct Answer Incorrect Answer
    E 150 Correct Answer Incorrect Answer

    Solution

    Under Article 112 of the Constitution, a statement of estimated receipts and expenditure of the Government of India has to be laid before Parliament in respect of every financial year. This statement titled “Annual Financial Statement” is the main Budget document.

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