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Railways PYQCBT 1 2016

RRB NTPC · Question 66

The annual financial statement prepared under article 112 of the Indian Constitution is called ______ A. Public account B. Consolidated account C. Budget D. Revenue account

  1. A

  2. D

  3. C

  4. B

Show answer & explanation

Answer: (C) C

Explanation

Article 112 requires the President to have the 'annual financial statement' of estimated receipts and expenditure laid before Parliament each year. This statement is popularly called the Union Budget.