Question

Consider the following steps in the enactment of a budget:
1. General discussion
2. Appropriation Bill
3. Finance Bill
4. Voting of the demands for grant
Select the correct sequence in the enactment of a budget from the above steps:

• A. 1, 2, 3, 4
• B. 1, 4, 2, 3
• C. 1, 4, 3, 2
• D. 1, 3, 4, 2

Answer 1

The correct option is B 1, 4, 2, 3

Art. 112 deals with the Annual Financial statement. It enjoins upon the President of India to get the budget presented before both of the houses of Parliament. Steps in the enactment of a budget:

(1) Presentation of budget,

(2) General discussion,

(3) Voting on demands for grants,

(4) Passing of Appropriation Bill,

(5) Passing of Finance Bill.