Q. Consider the following: 

1. Consolidated Fund of India
2. Contingency Fund of India
3. Public Account of India

Which among the above make the part of the parts of “Annual Financial statement” as per Article 112 of the constitution?
Answer: All 1, 2 & 3
Notes: The correct answer is "All 1, 2 & 3." The Annual Financial Statement, as per Article 112 of the Indian Constitution, includes the Consolidated Fund of India, the Contingency Fund of India, and the Public Account of India. 1. Consolidated Fund of India: This is the main account of the government, containing all revenues, loans, and money received by the government. 2. Contingency Fund of India: This fund is used for emergencies and is at the disposal of the President of India. 3. Public Account of India: This account includes funds that the government holds on behalf of others, such as provident funds and savings accounts. These components ensure a comprehensive financial framework for the government's operations.