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UPSC 2024: Dissolution of the Lok Sabha is done by the President of India who, save in exceptional circumstances, does so on the advice of the Council of Ministers. Which of the statements given above is/are correct ? (a) 1 only (b) 1 and 2 (c) 2 and 3 (d) 3 only Consider the following statements : Statement-I : The European Parliament approved The Net-Zero Industry Act recently. Statement-II : The European Union intends to achieve carbon neutrality by 2040 and therefore aims to develop all of its own clean technology by that time. Which one of the following is correct in respect of the above statements ?
(a)Both Statement-I and Statement-II are correct and Statement-II explains Statement-I
(b)Both Statement-I and Statement-II are correct, but Statement-II does not explain Statement-I
(c)Statement-I is correct, but Statement-II is incorrect
(d)Statement-I is incorrect, but Statement-II is correct
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Not attemptedCorrect Answer: (a) Both Statement-I and Statement-II are correct and Statement-II explains Statement-I
Under Article 112, the President—not the Prime Minister—causes the Annual Financial Statement (Union Budget) to be laid before both Houses; the Finance Minister presents it on the President’s behalf, so Statement 1 is incorrect. Article 113(3) expressly says that no demand for a grant can be made except on the recommendation of the President, making Statement 2 correct. Hence, only statement 2 is correct. ([constitutionofindia.net](https://www.constitutionofindia.net/articles/article-112-annual-financial-statement/?utm_source=openai))
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Frequently Asked Questions
What is the correct answer to this UPSC 2024 Indian Polity question?▼
The correct answer is option (a): Both Statement-I and Statement-II are correct and Statement-II explains Statement-I. Watch the detailed video explanation in our Sherlocking Prelims course on UnlockIAS.
Which year was this Public Finance & Finance Commission question asked in UPSC Prelims?▼
This question was asked in UPSC CSE Prelims 2024, GS Paper 1, as Question 85. It falls under Indian Polity > Public Finance & Finance Commission.
What is the difficulty level of this UPSC question?▼
This question is rated "moderate". It requires sound conceptual understanding of the topic.
How many UPSC Prelims questions have been asked from Public Finance & Finance Commission?▼
UPSC has asked 13 questions from Public Finance & Finance Commission (under Indian Polity) across multiple years. Visit the topic page to see the full list and year-wise trends.