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
Correct Answer: A
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