Under which Article of the Indian Constitution the Annual Financial Statement (Budget) is necessary to be laid before the Parliament?

Article 112

Article 111

Article 114

Article 113

APEDIA

BPSC Prelims

2024 • 04 Jan, 2025 • General

Under which Article of the Indian Constitution the Annual Financial Statement (Budget) is necessary to be laid before the Parliament?

Correct Answer

Article 112

• **Article:** 112. • **Term:** The Constitution uses the term 'Annual Financial Statement', not 'Budget'. • **Requirement:** The President shall cause ......

💡 Analysis & Explanation

• **Article ▼

** 112.

• **Term ▼

** The Constitution uses the term 'Annual Financial Statement', not 'Budget'.

• **Requirement ▼

** The President shall cause it to be laid before both Houses of Parliament.

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Under which Article of the Indian Constitution the Annual Financial Statement (Budget) is necessary to be laid before the Parliament?