Indian Polity · Polity
Consider the following statements: Statement I: Economic Stabilisation Fund is proposed to provide fiscal space to respond to global economic disruptions and unexpected shocks to sectors of the economy. Statement II: Article 115 of the Constitution of India provides constitutional backing for Supplementary Demands for Grants presented before Parliament. Statement III: Supplementary Demands for Grants are approved only by the Rajya Sabha without voting in the Lok Sabha. Which one of the following is correct in respect of the above statements?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1Neither Statement II nor Statement III is correct.✓
- 2Only one of the Statements II and III is correct, and that explains Statement I.
- 3Both Statement II and Statement III are correct, but only one of them explains Statement I.
- 4Both Statement II and Statement III are correct, and both of them explain Statement I.
Correct answer
Neither Statement II nor Statement III is correct.
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Indian Polity?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Polity MCQs →Want more practice questions on Polity?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Indian Polity · Polity