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 ?
Article 110
Article 111
Article 112
Article 113
Answer is Right!
Answer is Wrong!
This question was previously asked in
UPSC CDS-2 – 2019
Article 112 is the constitutional basis for the Union Budget presentation in the Indian Parliament. It mandates the executive to provide an account of its financial position and proposals for the upcoming financial year.