question_answer

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 moneys 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 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.

A)  1, 2, 3 and 5    

B)  1, 2 and 4.

C)  3, 4 and 5                    

D)  All of these