PRELIMS 2015 · INDIAN ECONOMY

With reference to the Union Government consider the following statements. 1. The Departme…

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Question

With reference to the Union Government consider the following statements.

1. The Department of Revenue is responsible for the preparation of Union Budget that is presented to the parliament
2. No amount can be withdrawn from the Consolidated Fund of India without the authorization of Parliament of India.
3. All the disbursements made from Public Account also need Authorization from the Parliament of India.

Which of the following statements given above is/are correct?

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