Question

Which of the following Articles of the constitution of India is related to the Financial annual Statements?

A Article 108 Correct Answer Incorrect Answer
B Article 110 Correct Answer Incorrect Answer
C Article 111 Correct Answer Incorrect Answer
D Article 112 Correct Answer Incorrect Answer
E Article 115 Correct Answer Incorrect Answer

Solution

Article 112 of the Constitution requires the government to present to Parliament a statement of estimated receipts and expenditure in respect of every financial year, from April 1 to March 31. This statement is called the annual financial statement.

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