Which of the following statements regarding the financial function of the Parliament is/are true?
- In democracy, legislature controls taxation and the way in which money is used by the government.
- The financial powers of the Parliament involve the grant of resources to the government to implement its programs.
- The government has to give an account to the Legislature about the money it has spent and resources that it wishes to raise.
1
1 and 3 only
2
2 and 3 only
3
2 only
4
1, 2 and 3