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Who in respect of every financial year cause to be laid before both the Houses of Parliament, a statement of the estimated receipts and expenditure of the Government of India for the year, which is known as "annual financial statement"?

Who in respect of every financial year cause to be laid before both the Houses of Parliament, a statement of the estimated receipts and expenditure of the Government of India for the year, which is known as "annual financial statement"? Correct Answer President

Related Questions

Under which one of the following Articles of the Constitution of India, a statement of estimated receipts and expenditure of the Government of India has to be laid before the Parliament in respect of every financial year?
Which of the following statements with regard to financial emergency in India is/are correct?
1. It is required to be approved by both the Houses of the Parliament within one month.
2. Once approved by both the Houses of the Parliament, it remains valid for six months.
3. Salary of any government official including the Supreme Court judges can be reduced during financial emergency.
4. During financial emergency, the executive authority of the Union shall extend to the giving of directions to any State to observe such, canons of financial propriety as may be specified in the directions.
Select the correct answer:
The pie chart given below shows the expenditure of a family on six different articles A, B, C, D, E and F in a month. Total expenditure on all these six articles is Rs. 42000. Expenditure on a particular article is shown as a percent of total expenditure on all these six articles. Which of the following statement(s) is/are correct? I. Expenditure on article C is Rs. 5560 more than the expenditure on article A. Il. Ratio of expenditure on article A to the expenditure on article D is 5: 4 respectively.
Under which Article of the Constitution, there is a provision to lay before the Parliament a statement of the estimated receipts and expenditure of the Government in respect of each financial year?
Given bar graph shows, total expenditure and the gross receipts of a company (in Rs. crores). Study the graph and answer the question that follows.   If profit = gross receipts - total expenditure, then in 1997 - 98, what percentage of gross receipts is the profit made? (Correct to one decimal place)
The following bar graph shows receipts and expenditure of a business firm over 5 years. Gain = Receipts - Expenditure. What is the increase percentage in receipts from 2017 to 2018?
Which of the following is/are correctly matched? Revenue Deficit = Revenue expenditure – Revenue receipts Fiscal Deficit = Total expenditure – (Revenue receipts + Non-debt creating capital receipts) 
Which of the following provisions is/are included in the Annual Financial Statement? 1. The sums required to meet expenditure described by the constitution as expenditure charged upon the Consolidated Fund of India. 2. The sum required to meet other expenditure proposed to be made from the Consolidated Fund of India and shall distinguish expenditure on revenue account from other expenditure.
Which of the following statement is true regarding bills of parliament? Bills introduced in the Parliament are of two kinds: public bills and private bills (also known as government bills and private members’ bills respectively). The bills introduced in the Parliament can also be classified into four categories: Formal bills, Currency bills, Financial bills and Constitution amendment bills Financial bills,  are  concerned with financial matters  like taxation ,public expenditure etc. Constitution amendment bills, which are concerned with the amendment of the provisions of the Constitution.
Which of the following statements are true/ false?
1. Every employer shall be bound to pay to every employee in respect of the accounting year commencing on any day in the year 1979 and in respect of every subsequent accounting year, a minimum bonus which shall be 9.33% of the salary or wages earned by the employee during the accounting year or one hundred rupees, whichever is higher, whether or not the employer has any allocable surplus in the accounting year.
2. Bonus will be paid in cash to the employees.
3. If the allocable surplus exceeds the amount of minimum bonus payable to the employees, the employer is bound to pay to every employee in respect of that accounting year bonus which shall be an amount in proportion to the salary or wages earned by the employee during the accounting year subject to a maximum of 10% of such salary or wage.
4. Bonus needs to be paid within a period of eight months from the close of the accounting year.