Civics

Who among the following has the final right to sanction the expenditure of public money in India ?


ANSWER

The President


SOLUTION
According to the Constitution of India, the Annual Financial Statement is placed by the President before both the Houses of Parliament. This statement shows the estimates of revenue and expenditure of the central Government for the next year.
It may be pointed out that the proposal for taxation and expenditure cannot be made without the approval of the President.
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Single Correct Medium Published on 15th 09, 2020
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