Correct option is D
The correct answer is (d) a-1, b-4, c-3, d-2
Explanation:
• The Speaker of the Lok Sabha fixes the time limit for the discussion of demands for grants in consultation with the Business Advisory Committee.
• The Finance Minister is a member of the NITI Aayog (which replaced the Planning Commission) and participates in the formulation of Five Year Plans (historically).
• The President of India, under Article 112, causes the Annual Financial Statement (Budget) to be laid before both Houses of Parliament.
• The Comptroller and Auditor General (C&AG) examines the financial operations of the executive through auditing.
Information Booster:
• Article 148 provides for an independent office of the C&AG of India.
• The Speaker has the final power to decide whether a bill is a Money Bill or not.
Additional Knowledge:
a-4, b-1, c-3, d-2 (Option d)
• 1 relates to Speaker's power of floor management.
• 4 relates to the Finance Minister's role in economic policy.
• 3 is the constitutional duty of the President.
• 2 is the primary audit function of the C&AG.
So the correct answer is (d)