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Question No. 187Interactive Test Mode
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Q187. Which of the following are the methods of Parliamentary control over public finance in India? 1. Placing Annual Financial Statement before the Parliament. 2. Withdrawal of money from Consolidated Fund of India only after passing the Appropriation Bill. 3. Provisions of supplementary grants and vote-on accounts. 4. A periodic or at least a mid-year review of programme macroeconomic forecasts and expenditure by a Parliamentary Budget Office. 5. Introducing the Finance Bill in the Parliament. Select the correct answer using the codes given below:

Which of the following are the methods of Parliamentary control over public finance in India?

  1. Placing Annual Financial Statement before the Parliament.
  2. Withdrawal of money from Consolidated Fund of India only after passing the Appropriation Bill.
  3. Provisions of supplementary grants and vote-on accounts.
  4. A periodic or at least a mid-year review of programme macroeconomic forecasts and expenditure by a Parliamentary Budget Office.
  5. Introducing the Finance Bill in the Parliament. Select the correct answer using the codes given below:
Select the correct option below (or cross out options to eliminate)

Official Answer Key & Detailed Solution

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Click any option above to test yourself under exam conditions, or reveal the explanation directly.

Official UPSC Answer KeyUPSC Prelims 2012 • Polity

Correct Answer: Option (A) — 1, 2, 3 and 5 only

Concept & Option Breakdown

Standard Reference Verified

Statement 1 is correct: Article 112 requires the President to cause to be laid before both Houses of Parliament the Annual Financial Statement (Budget).

Statement 2 is correct: Article 114 mandates that no money shall be withdrawn from the Consolidated Fund of India except under appropriation made by law (Appropriation Act).

Statement 3 is correct: Parliament exercises control through approving Supplementary Grants (Article 115) and Votes on Account (Article 116).

Statement 4 is incorrect: India does not have an institutionalized 'Parliamentary Budget Office' conducting statutory mid-year macroeconomic forecast reviews.

Statement 5 is correct: The Finance Bill gives effect to financial/tax proposals of the government and requires Parliamentary enactment.

Elimination Heuristic & Exam Approach

India has no Parliamentary Budget Office (PBO), which is an institution found in countries like the USA/UK. Eliminating statement 4 instantly leads to (a).

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Question Specifications & Syllabus Mapping

Examination & YearUPSC Civil Services Preliminary Examination 2012 (Q187)
Paper & Marking SchemeGS Paper I • 2 Marks (-0.66 Negative for incorrect response)
Syllabus Subject & TopicPolity → Parliament & Legislature
Official Answer KeyOption (A) — 1, 2, 3 and 5 only

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Frequently Asked Questions — UPSC Prelims 2012 Q187

What is the official answer for UPSC Prelims 2012 GS Paper I Question 187 (Polity)?

The official UPSC answer key for this 2012 Polity (Parliament & Legislature) question is Option (A): "1, 2, 3 and 5 only". Correct attempts carry 2 Marks with -0.66 Negative penalty for wrong answers.

Which UPSC Prelims syllabus topic does this 2012 question belong to?

This question belongs to GS Paper I under the subject "Polity" and micro-topic "Parliament & Legislature". You can explore all repeated questions from Parliament & Legislature in Acme AI's 3D Prelims PYQ Realm or practice 50 full-length and sectional tests in the APT Prelims Test Series.

How can I solve this Parliament & Legislature UPSC Prelims question using option elimination?

India has no Parliamentary Budget Office (PBO), which is an institution found in countries like the USA/UK. Eliminating statement 4 instantly leads to (a).

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