Under Article 112, the Annual Financial Statement is presented in which house of Parliament first?

CA Foundation · Business Economics · MTP · April 2025
Under Article 112, the Annual Financial Statement is presented in which house of Parliament first?
(A) A. Lok Sabha
(B) B. Rajya Sabha
(C) C. Joint Session of Parliament
(D) D. Finance Committee

Suggested Answer and Working Notes:

Correct Answer: Option (A)

A. Lok Sabha

Topics: Public Finance

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