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Q76 (CDS-II/2009) Polity & Governance › Parliament › Budgetary process Parliament Answer Verified

Identify the correct sequence of passing a Budget in the Parliament

Result
Your answer: —  Â·  Correct: C
Explanation

The correct sequence of the Budget process in the Indian Parliament is:

  1. Presentation of Budget: The Finance Minister presents the Annual Financial Statement.
  2. Discussion on Budget: A general discussion takes place in both Houses.
  3. Vote on Account: This is passed (usually after the general discussion) to authorize the government to withdraw funds for a part of the financial year (typically two months) pending the completion of the full procedure.
  4. Scrutiny and Voting on Demands for Grants: Departmental Committees scrutinize demands, followed by voting in the Lok Sabha.
  5. Appropriation Bill: Passed to authorize the withdrawal of funds from the Consolidated Fund of India for the full year.
  6. Finance Bill: Passed to give effect to the tax proposals.

Although the standard procedure places the passing of the Appropriation Bill before the Finance Bill, Option C is the only choice that correctly places the "Discussion on Budget" and "Vote on Account" at the beginning of the sequence. Other options incorrectly place the Vote on Account at the end or the Discussion after the bills.

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