send mail to support@abhimanu.com mentioning your email id and mobileno registered with us! if details not recieved
Resend Opt after 60 Sec.
By Loging in you agree to Terms of Services and Privacy Policy
Claim your free MCQ
Please specify
Sorry for the inconvenience but we’re performing some maintenance at the moment. Website can be slow during this phase..
Please verify your mobile number
Login not allowed, Please logout from existing browser
Please update your name
Subscribe to Notifications
Stay updated with the latest Current affairs and other important updates regarding video Lectures, Test Schedules, live sessions etc..
Your Free user account at abhipedia has been created.
Remember, success is a journey, not a destination. Stay motivated and keep moving forward!
Refer & Earn
Enquire Now
My Abhipedia Earning
Kindly Login to view your earning
Support
Type your modal answer and submitt for approval
Article 112 deals with :
Consolidated Fund of India
Public Account
Union Budget
Contingency Fund
- Article 112 of the Indian Constitution is indeed about the Union Budget. It mandates the government to present a statement of estimated receipts and expenditures, more commonly known as the Budget, for every financial year to Parliament.
- Option 1: Consolidated Fund of India - This is a fund to which all receipts are credited and from which all payments are made by the government of India, except those that are specifically charged to another fund.
- Option 2: Public Account - This consists of all other public money received by or on behalf of the government of India. Transactions here are not subject to parliamentary approval.
- Option 3: Union Budget - This is the annual financial statement reflecting the government's financial plan for the year, detailing expenditures and revenue. This corresponds to Article 112.
- Option 4: Contingency Fund - This fund is used by the President of India to meet unforeseen expenditures.
By: AARTI ProfileResourcesReport error
Access to prime resources
New Courses