Which of the following statements regarding the Union Government is correct? 1. The Department of Revenue prepares the Union Budget. 2. No amount can be withdrawn from the Consolidated Fund without Parliaments authorization. 3. All disbursements from the Public Account need Parliaments approval.

Which of the following statements regarding the Union Government is correct? 1. The Department of Revenue prepares the Union Budget. 2. No amount can be withdrawn from the Consolidated Fund without Parliament's authorization. 3. All disbursements from the Public Account need Parliament's approval.

A. 1 and 2 only

B. 2 and 3 only

C. 2 only

D. 1, 2 and 3

Question Details

Which of the following statements regarding the Union Government is correct? 1. The Department of Revenue prepares the Union Budget. 2. No amount can be withdrawn from the Consolidated Fund without Parliament's authorization. 3. All disbursements from the Public Account need Parliament's approval.

Explanation: