pyq/2012/prelims/35

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 money 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 the programme of the Government against 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:

(A) 1, 2, 3 and 5 only

(B) 1, 2 and 4 only

(C) 3, 4 and 5 only

(D) 1, 2, 3, 4 and 5