wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

With reference to Indian Public Finance, consider the following statements
1.
Disbursements from Public Accounts of India are subject to the Vote of Parliament.
2. The Indian Constitution provides for the establishment of a Consolidated Fund, a Public Account and a Contingency Fund for each State.
3. Appropriations and disbursements under the Railway Budget were subject to the same form of parliamentary control as other appropriations and disbursements.
Which of the above statement(s) is/are correct?


A
Only 1 and 2
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
Only 2 and 3
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
C
Only 1 and 3
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
All of the above
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution

The correct option is B Only 2 and 3
Disbursement from Public Account of India is not subject to vote of Parliament. It is operated through executive order

flag
Suggest Corrections
thumbs-up
4
similar_icon
Similar questions
View More
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Government funds
ECONOMICS
Watch in App
Join BYJU'S Learning Program
CrossIcon