Question
Which of the following are correct in regards to the budget of India? Article 112 provides that the estimate of expenditure embodied in this annual financial Budget The word ‘budget’ is mentioned in article 112 of the Indian constitution Article 112-117 deals with the financial matters.
Solution
Article 112(2) provides the estimate of expenditure embodied in this annual financial Budget. Annual Financial statement is mentioned in article 112 of the Indian constitution and Article 112-117 deals with the financial matters.
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