Multiple choice

Under which one of the following Article of the constitution of India is the Annual Financial statement of the economy to be laid by the government on the table of the parliament before 31st march every years

  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 mandates that the President shall cause to be laid before both Houses an Annual Financial Statement (Budget) showing estimated receipts and expenditure. This constitutional requirement ensures fiscal transparency and accountability.