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 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:
UPSC - 2012
1, 2, 3 and 5 only
1, 2 and 4 only
3, 4 and 5 only
1, 2, 3, 4 and 5
With reference to the Indian Parliament, consider the following statements :
1. A bill pending in the Lok Sabha lapses on its dissolution.
2. A bill passed by the Lok Sabha and pending in the Rajya Sabha lapses on the dissolution of the Lok Sabha.
3. A bill in regard to which the President of India notified his/her intention to summon the Houses to a joint sitting lapses on the dissolution of the Lok Sabha.
Which of the statements given above is/are correct ?
UPSC - 2024
