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

Which article of the Indian Constitution mentions the procedure for amendment?

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

संसद सदस्यों का वेतन का निर्धारण किसकी स्वीकृति से होता है?

Who has the authority to remove the Vice President of India from office?

What is the maximum strength of the Lok Sabha?

Which of the following is a provision of the Indian Constitution regarding the Emergency?

Which of the following is a power of the Rajya Sabha?

राष्ट्रपति द्वारा दी जाने वाली शपथ किस अनुच्छेद में प्रावधिक है?

मौलिक अधिकारों के उल्लंघन पर तत्काल न्यायिक राहत किस अनुच्छेद में दी जाती है?

संसद के अधिवेशन की अवधि किस आधार पर निर्धारित होती है?