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 No amount can be withdrawn from the Consolidated Fund of India without the authorization of Parliament of India. 3. All the disbursements made from Public Account also need Authorization from the Parliament of India. Which of the following statements given above is/are correct?

QUESTION

Medium

Indian Polity

Prelims 2015

With reference to the Union Government consider the following statements.

The Department of Revenue is responsible for the preparation of Union Budget that is presented to the parliament
No amount can be withdrawn from the Consolidated Fund of India without the authorization of Parliament of India.
All the disbursements made from Public Account also need Authorization from the Parliament of India.

Which of the following statements given above is/are correct?

Select an option to attempt

Explanation

Department of Economic Affairs prepares the Budget. Hence, statement 1 is incorrect.

Public Accounts include provident fund deposits, judicial deposits, savings bank deposits, departmental deposits, remittances and so on. This account is operated by executive action, that is, the payments from this account can be made without parliamentary appropriation. Such payments are mostly like banking transactions. Hence, statement 3 is also incorrect.

As per Article 114 of the Constitution, the government can withdraw money from the Consolidated Fund only after receiving approval from Parliament.

So only the second statement is correct.

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