PRELIMS 2024 · INDIAN POLITY

With reference to Union Budget, consider the following statements : 1. The Union Finance…

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Question

With reference to Union Budget, consider the following statements :

1. The Union Finance Minister on behalf of the Prime Minister lays the Annual Financial Statement before both the Houses of Parliament.
2. At the Union level, no demand for a grant can be made except on the recommendation of the President of India.

Which of the statements given above is/are correct ?

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