polity hard fill in the blank

The Annual Financial Statement (Budget) is presented to Lok Sabha under Article ______, and demands for grants are voted by Lok Sabha only.

  1. 110
  2. 112
  3. 113
  4. 114

Answer: 112

Article 112: President causes Annual Financial Statement (Budget) to be laid before Parliament. Article 113: Demands for grants are voted by Lok Sabha only; Rajya Sabha can discuss but not vote. Article 114: Appropriation Bill authorizes expenditure from Consolidated Fund. This upholds 'no taxation without representation' principle.

Topic Parliament - Budget Procedure
Exam Relevance Financial procedure question for UPSC Mains and SSC CGL Tier-2

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