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UPSC 2024: With reference to Union Budget, consider the following statements: 1. The Union Finance Minister on behalf of the Prime Minister lays the Annual Financial Statement before both the Houses of Parliament. 2. At the Union level, no demand for a grant can be made except on the recommendation of the President of India. Which of the statements given above is/are correct?
(a)1 only
(b)2 only
(c)Both 1 and 2
(d)Neither 1 nor 2
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Not attemptedCorrect Answer: (c) Both 1 and 2
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 (c): Both 1 and 2. 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.