Article 112 of Indian Constitution provides that in respect of every financial year the President shall cause to be laid before both houses of the…
CA Foundation · Business Economics · PYQS · May 2025
Article 112 of Indian Constitution provides that in respect of every financial year the President shall cause to be laid before both houses of the parliament a statement of estimated receipts and expenditure of the government of India for that year. This statement is referred as:
Suggested Answer and Working Notes:
Correct Answer: Option (B)
B. Annual Financial Statement
Topics: Public Finance
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