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?

Which of the following provisions of the Indian Constitution is related to the financial emergency?

न्यायिक स्वतंत्रता सुनिश्चित करने के लिए किस सिद्धांत का पालन किया जाता है?

कार्यपालिका और विधानपालिका के बीच संतुलन किस सिद्धांत पर आधारित है?

नागरिकता की अवधारणा किस अनुच्छेद से शुरू होती है?

Which of the following provisions is related to the emergency powers of the President of India?

Which article of the Indian Constitution deals with the President’s power to dissolve the Lok Sabha?

भारत में निर्वाचन आयोग का गठन किस आधार पर होता है?

राष्ट्रपति की नियुक्ति में किस संस्था का योगदान महत्वपूर्ण होता है?

संविधान संशोधन के लिए मतदान कितनी बार किया जाता है?