Along with the Budget, the Finance Minister 9. also places other documents before the Parliament which include “The Macro Economic Framework Statement’, The aforesaid document is presented because this is mandated by
Options
(a)Long standing parliamentary convention
(b)Article 112 and Article 110(1) of the Constitution of India
(c)Article 118 of the Constitution of India
(d)Provisions of the Fiscal Responsibility and Budget Management Act, 2003
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Class 12Government Budget and the Economy— NCERT Economics, Chapter 5. The government budget — the Annual Financial Statement required by Article 112 — lists estimated receipts and expenditure for the financial year (1 April–31 March). It…
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