Topic Details (Notes format)

Budget in Parliament

Subject: Polity

Book: Indian Polity by M. Laxmikanth

Refers to the annual financial statement prepared by the government, detailing projected revenues and expenditures for the upcoming fiscal year. Presented in two parts—the General Budget (covering all Ministries) and the Railway Budget (earlier separate, now merged). The Finance Bill, Appropriation Bill, and demands for grants are scrutinized by parliamentary committees (e.g., Standing Committee on Finance). Parliament debates and votes on these proposals, reflecting the principle that public funds cannot be spent without legislative sanction. Mechanisms like the vote-on-account permit government functioning if budget passage is delayed. This process ensures financial accountability and transparency in public spending.

Practice Questions

Who among the following can recommend the dissolution of the Lok Sabha?

View Question

भारतीय संसद में सर्वोच्च विधायी प्राधिकारी कौन है?

View Question

भारतीय संसद की दो सदनों का नाम क्या है?

View Question

आपातकाल में संसद के सदनों में कितने प्रतिशत मतों की आवश्यकता होती है?

View Question

संविधान संशोधन की प्रक्रिया में संसद के प्रत्येक सदन में कितने प्रतिशत मतों की आवश्यकता होती है?

View Question

लोकसभा के सदस्यों के लिए न्यूनतम आयु क्या है?

View Question

Who among the following is the ex-officio Chairman of the Rajya Sabha?

View Question

Who is the guardian of the Indian Constitution?

View Question

कार्यपालिका के प्रमुख की नियुक्ति में किसका निर्णय अंतिम होता है?

View Question

Which of the following is the highest judicial authority in India?

View Question