Original practice question · Polity

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Hard · Article 150: form of accounts and its amendments

Consider the following statements regarding Article 150 of the Constitution of India:

1. The accounts of the Union and of the States are to be kept in such form as the President may prescribe on the advice of the Comptroller and Auditor-General of India.

2. The words 'on the advice of' in Article 150 were introduced by the Forty-second Amendment.

Which of the statements given above is/are correct?

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