UPSC Civil Services Model Paper 6

The President shall in respect of every financial year caused to be laid before both houses of the Parliament a statement of the estimate receipts and expenditure of the Government of India for that year referred to as Annual Financial Statement . ( Article 112 ).
The Estimates of Expenditure embodied in the Annual Financial Statement shall show separately -
The sums required to meet expenditure described by the constitution as expenditure charged upon the Consolidated Fund of India. Hence statement 1 is correct.
The sum required to meet other expenditure proposed to be made from the Consolidated Fund of India and shall distinguish expenditure on revenue account from other expenditure.
Hence statement 2 is correct.
The following expenditure shall be expenditure charged upon the Consolidated Fund of India –
The emoluments and allowances of the President and other expenditures as related to its office.
The salaries and allowances of the Chairman and the Deputy Chairman of the Council of State and the Speaker and Deputy Speaker of the House of the People.
Debt charges for which the Government of India is liable including interest, sinking fund charges and redemption charges, and other expenses related to the raising of loans and the service and redemption of Debt.
The salaries , allowances and pensions are payable to or in respect of Judges of the Supreme Court.
The pension payable to or in respect of Judges of the federal court the pension payable to on respect of the Judges of the High Court.
The salary allowances and pension payable to or in respect of the Comptroller and Auditor General of India.
Any sums required to satisfy any judgment, decree, or award of any Court or Arbitral Tribunal.
Any other expenditure declared by the constitution or by Parliament by law to be so charged.