What are the four different operations involved in the budgetary process?

Budget preparation, budget enactment, budget execution, budget analysis

Budget formulation, budget approval, budget implementation, budget review

Budget planning, budget auditing, budget allocation, budget evaluation

Budget estimation, budget approval, budget disbursement, budget assessment

What is the main responsibility of the Finance Ministry during the budget preparation?

Preparation of estimates for all government departments

Vetting and consolidation of estimates received from departments

Final approval of all proposed budget expenditures

Execution of budget activities and revenue collection

What is the Consolidated Fund used for in government finance?

Providing funds for new government schemes

Covering unforeseen expenditures and contingencies

Holding revenue from various sources of income

Making payments for all government expenses

What is the purpose of the Estimates Committee in the legislative control of public finance?

It prepares the initial budget estimates for government departments.

It ensures that budget estimates are accurately executed.

It examines the budget estimates to ensure they are prepared realistically.

It approves additional resources for new government schemes.

What is the purpose of "Votes on Account" in budget execution?

To provide additional funds for new projects

To cover expenditure for a part of the financial year before the regular budget is passed

To allocate funds for contingency purposes

To reduce the overall budget deficit

How does the role of the legislature in budget control differ between the USA and Anglo-Saxon countries?

The legislature in the USA has greater control over budget amendments.

The legislature in Anglo-Saxon countries has greater control over budget amendments.

The legislature in both the USA and Anglo-Saxon countries has equal control over budget amendments.

The role of the legislature in budget control is the same in all countries.

What is the primary role of the Finance Ministry during the budget execution phase?

Preparing detailed estimates for all government departments

Enacting the budget by passing it through the legislative process

Vetting and consolidating budget estimates received from departments

Regulating revenue collection and supervising expenditure

What is the main purpose of the Appropriation Bill in the budget process?

It specifies the revenue sources for the government.

It determines the budget deficit for the financial year.

It provides funding for various government programs and expenditures.

It outlines the economic policies of the government.

Test : Parliament 2 Free MCQ Practice Test with Solutions

	Famous Books for UPSC Exam (Summary & Tests) 743 videos\|1214 docs\|628 tests

	Famous Books for UPSC Exam (Summary & Tests) 743 videos\|1214 docs\|628 tests

Important Questions for Test : Parliament 2

Find all the important questions for Test : Parliament 2 at EduRev.Get fully prepared for Test : Parliament 2 with EduRev's comprehensive question bank and test resources. Our platform offers a diverse range of question papers covering various topics within the Test : Parliament 2 syllabus. Whether you need to review specific subjects or assess your overall readiness, EduRev has you covered. The questions are designed to challenge you and help you gain confidence in tackling the actual exam. Maximize your chances of success by utilizing EduRev's extensive collection of Test : Parliament 2 resources.

Test : Parliament 2 MCQs with Answers

Prepare for the Test : Parliament 2 within the UPSC exam with comprehensive MCQs and answers at EduRev. Our platform offers a wide range of practice papers, question papers, and mock tests to familiarize you with the exam pattern and syllabus. Access the best books, study materials, and notes curated by toppers to enhance your preparation. Stay updated with the exam date and receive expert preparation tips and paper analysis. Visit EduRev's official website today and access a wealth of videos and coaching resources to excel in your exam.

Online Tests for Test : Parliament 2 Famous Books for UPSC Exam (Summary & Tests)

Practice with a wide array of question papers that follow the exam pattern and syllabus. Our platform offers a user-friendly interface, allowing you to track your progress and identify areas for improvement. Access detailed solutions and explanations for each test to enhance your understanding of concepts. With EduRev's Online Tests, you can build confidence, boost your performance, and ace Test : Parliament 2 with ease. Join thousands of successful students who have benefited from our trusted online resources.

Education Revolution