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

लोकसभा का चुनाव किस प्रकार से होता है?

What is the term of office for the President of India?

भारतीय न्यायपालिका की स्वतंत्रता का मूल सिद्धांत क्या है?

किस संविधान संशोधन ने संसद में महिलाओं के आरक्षण का प्रस्ताव रखा?

आपातकाल की घोषणा के लिए केंद्रीय सरकार को अतिरिक्त शक्तियाँ किस अनुच्छेद द्वारा दी जाती हैं?

What is the maximum number of members in the Legislative Council of a state?

संसद सदस्यों की योग्यता किस अनुच्छेद में निर्धारित है?

Which of the following is a feature of the Indian Parliament?

Who is the first woman President of India?

राज्यों के बीच शक्तियों का संतुलन किस सिद्धांत पर आधारित है?