(a) Long-standing parliamentary convention 

(b) Article 112 and Article 110(1) of the Constitution of India 

(c) Article 113 of the Constitution of India 

(d) Provisions of the Fiscal Responsibility and Budget Management Act, 2003 

Answer: d

Explanation:

Fiscal Responsibility and Budget Management Act, 2003 

This is an Act to provide for the responsibility of the Central Government to ensure intergenerational equity in fiscal management and long-term macro-economic stability by removing fiscal impediments in the effective conduct of monetary policy and prudential debt management consistent with fiscal sustainability through limits on the Central Government borrowings, debt and deficits, greater transparency in fiscal operations of the Central Government and conducting fiscal policy in a medium-term framework and for matters connected therewith or incidental thereto.

As per the Act the Central Government shall lay in each financial year before both Houses of Parliament the following statements of fiscal policy along with the annual financial statement (budget) and [demands for grants except the Medium-term Expenditure Framework Statement], namely:— 

• (a) the Medium-term Fiscal Policy Statement; 
• (b) the Fiscal Policy Strategy Statement; 
• (c) the Macro-economic Framework Statement; 
• (d) the Medium-term Expenditure Framework Statement.

Hence, option d is correct.

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