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Bicameral Legislature

What are the ...

Question

What are the laws that control the Consolidated Fund of India are called?

A

Constitutional Amendment Bills

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B

Money Bills

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C

Ordinary Bills

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D

Non-money Bills

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Solution

The correct option is B Money Bills
Money Bill is defined in Article 110 of the Indian Constitution. A Money Bill is concerned with financial issues such as taxation, government expenditure, etc. A Money Bill has to be passed by the Lok Sabha.

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Q. Read the following statements and choose the correct option.

(I) The Consolidated Fund of India is a government account.
(II) Money Bills controls the Consolidated Fund of India.
(III) The Cabinet has the freedom to withdraw any amount without anybody's consent.

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

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. Which of the following are associated with Consolidated Fund of India :
1. All revenues received by the Government of India.
2. All loans raised by the Government by the issue of treasury bills,loans or ways and means of advances
3. Provident Fund Deposits
4.Judicial Deposits

Q. An Appropriation Bill:
I. is necessary to draw money from the Consolidated Fund of India.
II. cannot be amended to vary the amount of any charged expenditure.
III. Includes only the expenditure charged on the Consoliated Fund of India.
IV. is required to withdraw money from the Contingency Fund of India.

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