With reference to the Union Government, consider the following statements: 1) The Department of Revenue is responsible for the preparation of Union Budget that is presented to the parliament 2) No amount can be withdrawn from the Consolidated Fund of India without the authorisation of the Parliament of India. 3) All the disbursements made from Public Account also need the authorisation from the Parliament of India Which of the statements given above is/are correct?

Question

With reference to the Union Government, consider the following statements:  1) The Department of Revenue is responsible for the preparation of Union Budget that is presented to the parliament 2) No amount can be withdrawn from the Consolidated Fund of India without the authorisation of the Parliament of India. 3) All the disbursements made from Public Account also need the authorisation from the Parliament of India Which of the statements given above is/are correct?

CollectorBabu · Accepted Answer

Correct Answer: 2 only. To analyse above question, we need to study all three statements. As per the question, statement 1 is incorrect as for preparing the budget to be presented in Parliament, Department of Economic Affairs is responsible for preparation of Union Budget and not the Revenue Department. Since the Budget division is part of Economic Affairs, so Finance Secretary will coordinate for designing and implementation of Budget process which eliminates option A, B and D. It is noted that past authorisation is needed in order to withdraw any amount from Consolidated Fund of India, hence statement 2 is incorrect. Statement 3 is incorrect as Indian Public Account can be operated by executive action where there will be no authorization needed from Parliament; this eliminates option B and D.

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