Which one of the following is the correct sequence of different stages a budget has to go through in the Parliament ? 1. Presentation of the Budget 2. Scrutiny by Departmental Committees 3. Passing of Finance Bill 4. Passing of Appropriation Bill Select t

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Q: 47 (CAPF/2017)

Which one of the following is the correct sequence of different stages a budget has to go through in the Parliament ?
1. Presentation of the Budget
2. Scrutiny by Departmental Committees
3. Passing of Finance Bill
4. Passing of Appropriation Bill
Select the .correct answer using the code given below :

question_subject: 

Polity

question_exam: 

CAPF

stats: 

0,48,34,48,15,16,3

keywords: 

{'appropriation bill': [0, 0, 2, 1], 'different stages': [0, 0, 0, 1], 'parliament': [15, 1, 3, 8], 'finance bill': [1, 0, 0, 0], 'budget': [3, 1, 4, 10], 'departmental committees': [0, 0, 0, 1], 'passing': [0, 0, 1, 2], 'presentation': [1, 0, 1, 2]}

The correct sequence of stages that a budget has to go through in the Parliament is presented as option 1: 1-2-4-3. Let`s break down each option to better understand the sequence:

Option 1: 1-2-4-3

- Presentation of the Budget: This is the initial stage where the budget is presented by the government. It lays out the planned revenue and expenditure for the upcoming financial year.

- Scrutiny by Departmental Committees: After the budget is presented, it goes through a thorough examination by the departmental committees. These committees review and analyze the budget in detail to ensure its viability and feasibility.

- Passing of Appropriation Bill: Once the budget has been scrutinized, the next stage is the passing of the Appropriation Bill. This bill authorizes the government to withdraw funds from the Consolidated Fund to meet its expenditure.

- Passing of Finance Bill: The final stage is the passing of the Finance Bill. This bill provides the legal authority for the implementation of the tax proposals and other financial measures outlined in the budget.

Alert - correct answer should be option 3:

Option 3: 2-1-3-4

This option provides the correct sequence of stages that a budget has to go