1.

With reference to Indian Public Finance, consider the following statements1. Disbursements from Public Accounts of India are subject to the Vote of Parliament2. The Indian Constitution provides for the establishment of a Consolidated Fund, a Public Account and aContingency Fund for each State3. Appropriations and disbursements under the Railway Budget are subject to the same form of parliamentarycontrol as other appropriations and disbursementswhich of the statements given above are correct?

A. 1 and 3
B. 2 and 3
C. 1, 2 and 3
D. 1 and 2
Answer» C. 1, 2 and 3


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