Along with the 'Annual Financial Statement' (Budget), which of the following documents/bills are also presented to the Parliament? 1. Mid-Term Fiscal Policy Statement 2. Demands for Grants 3. Appropriation Bill 4. Finance Bill Select the correct answer using the code given below:
Parliament, Lok Sabha, Rajya Sabha & Legislative Procedure — question ID 718
Options
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B.
Explanation
The Budget consists of several documents presented to the Parliament. Along with the Annual Financial Statement (under Article 112), other key documents presented include: the Demands for Grants (under Article 113), the Appropriation Bill (under Article 114), and the Finance Bill (under Article 110). Additionally, under the FRBM Act, 2003, statements like the Medium-Term Fiscal Policy Statement are also presented alongside the budget documents.