Question : Which organ is the custodian of the National Purse ?
Option 1: Executive
Option 2: Judiciary
Option 3: Legislature
Option 4: Civil Servants
Correct Answer: Legislature
Solution : Correct Answer is legislature
It is regarded as the custodian because it is frequently the sole arbiter of federal financial affairs. It holds the nation's purse and is in charge of the finances. The legislature must give its consent before the executive can borrow or spend money. The Government of India Act of 1909 introduced the notion of the legislature serving as the guardian of the national coffers for the first time.
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