Multiple Choice Questions on Which article of the Constitution envisages Budget ........ for RBI Grade B Exam Preparation

Public Finance The union budget

Finance (RBI)

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Indian Economy - Understanding the basics of Indian economic system

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    Which article of the Constitution envisages Budget?

    Article 280

    Incorrect Answer

    Article 110

    Incorrect Answer

    Article 360

    Incorrect Answer

    Article 112

    Correct Answer
    Explanation:

    Article 112 of the Indian Constitution envisages the Annual Financial Statement of the government. This annual statement displays the revenue and expenditure of the last year and estimates of revenue and expenditure for the coming financial year.


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