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

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

Who among the following was the first woman Governor of an Indian state?

Who has the authority to dissolve the Rajya Sabha?

Which of the following is an essential feature of a federal system?

संविधान सभा की अंतिम बैठक किस वर्ष हुई थी?

संसद सत्रों का आयोजन किसके द्वारा किया जाता है?

Who has the authority to promulgate ordinances in India?

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

Which article of the Indian Constitution provides for the amendment process?

Who was the first woman Speaker of the Lok Sabha?