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Q: Which of the following Articles of the constitution refers to the Union Budget as the Annual Financial Statement?
  • A. Article 102
  • B. Article 113
  • C. Article 112
  • D. Article 101
Correct Answer: Option C - Article Provisions Article 102 – Disqualifications for members of Parliament. Article 101 – Vacation of seats in Parliament. Article 112 – Annual financial statement. Article 113 – Procedure in Parliament with respect to estimates. (Consolidated fund)
C. Article Provisions Article 102 – Disqualifications for members of Parliament. Article 101 – Vacation of seats in Parliament. Article 112 – Annual financial statement. Article 113 – Procedure in Parliament with respect to estimates. (Consolidated fund)

Explanations:

Article Provisions Article 102 – Disqualifications for members of Parliament. Article 101 – Vacation of seats in Parliament. Article 112 – Annual financial statement. Article 113 – Procedure in Parliament with respect to estimates. (Consolidated fund)