The President is constitutionally mandated to cause the Annual Financial Statement to be laid before Parliament, and demands for grants require the President's recommendation.
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 ?
Asked in UPSC IAS 2024 · Topic: The Parliament (Budget in Parliament: Financial Procedures and Funds)
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