QUESTION-WISE · PRELIMS 2012 · Q260

Indian Polity · Prelims 2012 Q260

Which of the following are the methods of Parliamentary control over public finance in India? 1. Placing Annual Financial Statement before the Parliament 2. Withdrawal of money fr…

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Parliament Budget and Financial Procedure Answer A

The question

Stem and options.

Which of the following are the methods of Parliamentary control over public finance in India?

1. Placing Annual Financial Statement before the Parliament
2. Withdrawal of money from Consolidated Fund of India only after passing the Appropriation Bill
3. Provisions of supplementary grants and vote-on-account
4. A periodic or at least a mid-year review of the 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:

1, 2, 3 and 5 only

1, 2 and 4 only

3, 4 and 5 only

1, 2, 3, 4 and 5

Source: UPSC Civil Services Preliminary Examination 2012. Syllabus tags and explanation are GyanGram editorial joins for learning—not official UPSC metadata.

Answer

Correct option A

• Correct Answer: A
• Articles 112, 114, 115 and 110 govern budget presentation, appropriation, supplementary grants and Finance Bill respectively.
• India lacks a Parliamentary Budget Office; mid-year reviews are handled by PAC and Estimates Committee.

Syllabus path

Where this sits in Learn.

Subject

Indian Polity

POL

Unit

Parliament

POL-U05

Chapter

Budget and Financial Procedure

POL-U05-C10

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