Which one of the following is the correct sequence of different stages a budget has to go through in the Parliament? 1. Presentation of the Budget 2. Scrutiny by Departmental Committees 3. Passing of Finance Bill 4. Passing of Appropriation Bill Select the correct answer using the code given below :
- A.1-2-4-3
- B.1-3-2-4
- C.2-1-3-4
- D.4-3-2-1
Correct answer
Explanation
The correct answer is A, 1-2-4-3. The budget is presented first, examined by the departmental committees, voted through the Appropriation Bill and finally completed with the Finance Bill.
The budget passes through six stages in Parliament: presentation, general discussion, scrutiny by the departmentally related standing committees, voting on demands for grants, passing of the Appropriation Bill and passing of the Finance Bill. The Appropriation Bill authorises withdrawal of money from the Consolidated Fund of India under Article 114, while the Finance Bill gives effect to the tax proposals. Under the Provisional Collection of Taxes Act, 1931, the Finance Bill must be enacted within 75 days.
B is wrong: the Finance Bill is passed last, not second.
C is wrong: the committees cannot scrutinise a budget that has not yet been presented.
D is wrong: it reverses the whole process.
Exam tip: presentation, general discussion, committee scrutiny, demands for grants, Appropriation Bill, Finance Bill.
Practice Questions
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- A.1 only
- B.2 only
- C.Both 1 and 2
- D.Neither 1 nor 2
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An MLA's vote value depends on the State's population, but every elected MP, in either House, has the same vote value.
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- B.A Money Bill has provisions for the custody of the Consolidated Fund of India or the Contingency Fund of India.
- C.A Money Bill is concerned with the appropriation of moneys out of the Contingency Fund of India.
- D.A Money Bill deals with the regulation of borrowing of money or giving of any guarantee by the Government of India.
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1. Consent of the governed
2. Political equality
3. Accountability of the ruled to the ruler
Which of the above feature/features outline democratic rule ?
- A.1 and 2 only
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- C.1, 2 and 3
- D.3 only
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Read the full explanation →Which of the following statements about Section 8 of the RTI Act, 2005 is correct?
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- D.It establishes the State Information Commissions
Show answer
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