Parliamentary control over public finance in India? 1. Placing Annual Financial Statement before the Parliament

Monjur Alahi

Parliamentary control over public finance in India?

1. Placing Annual Financial Statement before the Parliament

2. Withdrawal of moneys from Consolidated Fund of India only after passing the Appropriation Bill

3. Provisions of supplementary grants and vote-onaccount

4. A periodic or at least a mid-year review of programme of the Government against macroeconomic forecasts and expenditure by a Parliamentary Budget Office

5. Introducing Finance Bill in the Parliament

Select the correct answer using the codes given

 below:

(a) 1, 2, 3 and 5 only (b) 1, 2 and 4 only (c) 3, 4 and 5 only (d) 1, 2, 3, 4 and 5


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Salim Ahmed Kawsar

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(a) 1. Placing Annual Financial Statement before the Parliament 

2. Withdrawal of moneys from Consolidated Fund of India only after passing the Appropriation Bill 

3. Provisions of supplementary grants and voteon- account 

5. Introducing Finance Bill in the Parliament

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