Q. Which organ is the custodian of the National Purse?
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Correct Answer: (C)
Legislature
Explanation: The idea of legislature as the custodian of national purse was for the first time mooted by the Government of India Act, 1909. It is considered as the custodian as it is the primary and most often the exclusive arbiter of federal fiscal affairs.
Explanation by: Yatendra Sir
The idea of legislature as the custodian of national purse was for the first time mooted by the Government of India Act, 1909. It is considered as the custodian as it is the primary and most often the exclusive arbiter of federal fiscal affairs.