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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