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

संसद द्वारा विधेयक का पुनर्विचार किस अनुच्छेद के अंतर्गत संभव है?

Which of the following is the highest court of appeal in India?

Who among the following is the ex-officio Chairman of the National Human Rights Commission of India?

What is the maximum number of judges in the Supreme Court of India?

Which article of the Indian Constitution provides for the protection of interests of minorities?

Which article of the Indian Constitution allows the President to declare a National Emergency?

Who has the authority to promulgate ordinances in India?

संसद के अध्यक्ष को किस नाम से जाना जाता है?

नागरिकता की अवधारणा किस अनुच्छेद से शुरू होती है?

Which of the following is NOT a function of the President of India?