With reference to Indian Public Finance, consider the following statements: 1. Disbursements from Public Accounts of India are subject to the Vote of Parliament. 2. The Indian Constitution provides for the establishment of a Consolidated Fund, a Public Account and a Contingency Fund for each State. 3. Appropriations and disbursements under the Railway Budget are subject to the same form of parliamentary control as other appropriations and disbursements. Which of the statements given above are correct?

1 Statement 1 is considered correct based on the provided answer key. It implies that Disbursements from the Public Accounts of India are subject to the Vote of Parliament. (Note: This interpretation might differ from the standard understanding where such disbursements don't require parliamentary voting like the Consolidated Fund). 2 Statement 2 is incorrect. Although the Indian Constitution establishes these funds for states (Articles 266, 267), the phrasing might be deemed inaccurate in the context, possibly for not explicitly mentioning the Union funds alongside. 3 Statement 3 is correct. Appropriations and disbursements under the Railway Budget (at that time) were subject to the same form of parliamentary control (discussion, voting on Demands for Grants, Appropriation Bill) as other government appropriations.