UPSC 2015: With reference to the Union Government, consider the following statements: 1. The Department of Revenue is responsible for the preparation of Union Budget that is presented to the Parliament. 2. No amount can be withdrawn from the Consolidated Fund of India without the authorization from the Parliament of India. 3. All the disbursements made from Public Account also need the authorization from the Parliament of India. Which of the statements given above is/are correct?

The Union Budget is drafted by the Budget Division of the Department of Economic Affairs, not the Department of Revenue, so Statement 1 is wrong. ([dea.gov.in](https://dea.gov.in/budget-divisions?utm_source=openai)) Article 266(3) of the Constitution bars any withdrawal from the Consolidated Fund of India without parliamentary approval, making Statement 2 correct. ([constitutionofindia.net](https://www.constitutionofindia.net/articles/article-266-consolidated-funds-and-public-accounts-of-india-and-of-the-states/?utm_source=openai)) Money held in the Public Account (Article 266 (2)) is operated by the executive as a trustee and is not subject to the vote of Parliament, hence Statement 3 is incorrect. ([appscgroup.blogspot.com](https://appscgroup.blogspot.com/2014/05/consolidated-public-contingency-funds-of-indian-constitution-purpose-use-explained.html?utm_source=openai)) Therefore only Statement 2 is correct (option c).