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With reference to Indian Parliament, consider the following statements:
1. The Parliament controls the financial resource available to the government through budget.
2. The Parliament controls the policies of the government through the budget.
Which of the statements given above is/are correct?
  • a)
    1 only
  • b)
    2 only
  • c)
    Both 1 and 2
  • d)
    Neither 1 nor 2
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
With reference to Indian Parliament, consider the following statements...
Parliamentary control over public purse is the central point in public financial administration and key to the public accountability system and they do that by passing the budget.  So, Statement 1 is correct.
Legislative controls over executive through a series of techniques (goal setting, restrictions and reporting) to ensure that expenditure remains within the grants and the financial actions of government correspond to fiscal policies and objectives approved by the Parliament. So, Statement 2 is correct.
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With reference to Indian Parliament, consider the following statements...
C
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With reference to Indian Parliament, consider the following statements:1. The Parliament controls the financial resource available to the government through budget.2. The Parliament controls the policies of the government through the budget.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer?
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