Topic Details (Notes format)

Union Budget: Constitutional Procedures

Subject: Polity

Book: Indian Polity by M. Laxmikanth

Explores how Article 112 requires the government to present an annual financial statement. The budget is divided into Revenue and Capital accounts, with proposals for taxation and expenditures. After the Finance Minister’s speech, departmental demands for grants are scrutinized by parliamentary committees, culminating in the Appropriation and Finance Bills. Parliament’s approval is mandatory for fund withdrawals. Constitutional safeguards (Article 266, 267) regulate the Consolidated Fund, Contingency Fund, and Public Account. The “cut motions” allow the Lok Sabha to check overspending. Understanding the budget’s constitutional dimension clarifies how fiscal policies and legislative oversight converge to shape India’s economic direction each year.

Practice Questions

भारतीय सर्वोच्च न्यायालय का गठन किस आधार पर हुआ?

Which of the following is the longest-serving political party in India?

संसदीय प्रश्न सत्र के दौरान प्रश्नों के उत्तर कौन देता है?

राज्यपाल के कर्तव्य किस अनुच्छेद में दिए गए हैं?

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

Which article of the Indian Constitution deals with the official language of the Union?

संसद के अधिवेशन के अंतराल का निर्धारण किसके द्वारा किया जाता है?

राजनीतिक दलों की स्वतंत्रता किस अनुच्छेद में सुनिश्चित की गई है?

Which of the following is the right of a citizen under the Indian Constitution?

राज्य सरकारों के अधिकार किस अनुच्छेद में वर्णित हैं?