Multiple choice

Under which one of the following Articles of the Constitution of India, is the economy to be laid by the Government on the table of the Parliament before 31st March every year?

  1. Article 16

  2. Article 31

  3. Article 124

  4. Article 112

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Article 112 of the Indian Constitution mandates that the President shall cause to be laid before both Houses of Parliament an annual financial statement (the Budget) showing estimated receipts and expenditure. This constitutional requirement ensures the Budget is presented before March 31st, the end of the financial year, for parliamentary approval and discussion.