With reference to Indian public finance, consider the following statements:

Monjur Alahi

With reference to Indian public finance, consider the following statements: 

1. Disbursements from Public Accounts of India are subject to the Vote of the Parliament 

2. The Indian Constitution provides for the establishment of a Consolidated Fund, a Public Account and a Contingency Fund for each State 

3. Appropriations and disbursements under the Railway Budget are subject to the same form of parliamentary control as other appropriations and disbursements 

Which of the statements given above are correct? 

(a) 1 and 2 (b) 2 and 3 (c) 1 and 3 (d) 1, 2 and 3


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Salim Ahmed Kawsar

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(b) The Indian Constitution provides for the establishment of a Consolidated Fund and a Public Account under Article 266 and a Contingency Fund for each State under Article 267. Disbursements from Public Accounts of India are not subject to a Vote of Parliament.

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