Indian Polity · Polity
With reference to the constitutional procedure relating to the Union Budget, consider the following statements: I. The Annual Financial Statement is presented to Parliament on behalf of the President. II. A proposal for expenditure from the Consolidated Fund of India requires prior presidential recommendation. Which of the statements given above is/are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Neither I nor II
- 2Both I and II✓
- 3II only
- 4I only
Correct answer
Both I and II
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