SSC MTS EXAM

Detailed explanation-1: -Explanation: Article 112 of the Indian Constitution envisages the Annual Financial Statement of the government. This annual statement displays the revenue and expenditure of the last year and estimates of revenue and expenditure for the coming financial year.

Detailed explanation-2: -The correct answer is option 3 i.e. Annual Financial Statement. The Budget in constitution refers to as Annual Financial Statement. Article 112 deals with the annual financial statement.

Detailed explanation-3: -Under Article 112 of the Constitution, a statement of estimated receipts and expenditure of the Government of India has to be laid before Parliament in respect of every financial year which runs from 1st April to 31st March.