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Functions of The Parliament

Both Finance ...

Question

Both Finance bill and Appropriation bill passed during the budget are money bills

A

True

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B

False

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Solution

The correct option is A True

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Q. The Annual Budget passed by the Parliament is not a Money Bill.

Q. The Money Bills or Finance Bills have to be first introduced in the ________.

Q. Consider the following about the bills concerning the budget:
1. The appropriation bill is concerned with the withdrawal from the Consolidated fund of India
2. The finance bill is concerned with the deposits into Consolidated fund of India.
Which of the above are correct?

Q. Legislative Council passes the money bill.

Q.  To withdraw money from the Consolidated Fund of India:
1.Appropriation bill should be passed by both the houses.
2. President's assent to the bill is necessary
Which of the statements given above is/are correct?

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