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Consider the following statements:

1. After the demands for grants in the Annual Financial Statement are voted by the Lok Sabha,    the grants so made as well as the expenditure charged on the Consolidated Fund of India are    incorporated in the Annual Finance Bill.

2. The taxing proposals of the budget are included in an Appropriation Bill.

Which of the statements given above is/are correct?                                           

A)  Only 1             

B)  Only 2

C)  Both 1 and 2    

D)  Neither 1 nor 2