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

    Question

     Under which one of the following Articles of the

    Constitution of India, a statement of estimated receipts and expenditure of the Government of India has to be laid before the Parliament in respect of every financial year?
    A Article 110 Correct Answer Incorrect Answer
    B Article 111 Correct Answer Incorrect Answer
    C Article 112 Correct Answer Incorrect Answer
    D Article 113 Correct Answer Incorrect Answer

    Solution

    Annual financial statement The President shall in respect of every financial year cause to be laid before both the Houses of Parliament a statement of the estimated receipts and expenditure of the Government of India for that year, in this Part referred to as the annual financial statement.

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