Question

Evaluate the functioning of legislative financial committee.

Answer 1

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Answer 2

Parliament deals with all the financial aspects. The functions of the legislative finance committee are

1. Financial spending is not possible without parliament approval.

2. All budgets prepared are placed before the parliament for approval.

3. Public account committee and estimate committee keeps a track of all expenses of the government.

4. Improper usage and unauthorized public spending are scrutinized by them.