Money Bill

Q. Money Bills are sent from the Lok Sabha to the Rajya Sabha after a round of voting. The Rajya Sabha has to return the bill within days.

1. 6
2. 14
3. 18
4. 24

Q. Money Bills are sent from the Lok Sabha to the Rajya Sabha after a round of voting. The Rajya Sabha has to return the bill within days.

1. 6
2. 14
3. 18
4. 24

Q. _______ is the permission to withdraw money from the Consolidated Fund of India while the Budget is yet to be passed.

[1 mark]

1. Vote on Account
2. Vote on Budget
3. Budget Vote
4. Vote on Bills

Q. Which month marks the beginning of the financial year in India?

1. January
2. April
3. June
4. October

Q. All the government revenue generated from taxes and earnings from state-run companies go into the Contingency Fund of India.

1. True
2. False

Q. All the government revenue generated from taxes and earnings from state-run companies go into the Contingency Fund of India.

1. True
2. False

Q. What can a department ask for if it requires more than the estimated allocation of money?

[1 mark]

1. Complementary grant
2. Supplementary grant
3. Vote on account
4. A new budget