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With reference to Indian Parliament, which one of the following is not correct?
  • a)
    The Appropriation Bill must be passed by both the Houses of Parliament before it can be enacted into law
  • b)
    No money shall be withdrawn from the consolidated fund of India except under the appropriation made by the Appropriation Act
  • c)
    No Money Bill can be introduced except on the recommendation of the President
  • d)
    Finance Bill is required for proposing new taxes but no another Bill/Act is required for making changes in the rates of taxes which are already under operation
Correct answer is option 'A'. Can you explain this answer?
Verified Answer
With reference to Indian Parliament, which one of the following isnotc...
  • With reference to the Indian Parliament:
  • No money shall be withdrawn from the consolidated fund of India except under the appropriation made by the Appropriation Act
  • No Money Bill can be introduced except on the recommendation of the President
  • Finance Bill is required for proposing new taxes but no another Bill/Act is required for making changes in the rates of taxes which are already under operation.
  • According to Indian Constitution article 114, appropriation bill after passing from the lower house and then assent by President called to be passed. so, option 'a' is the wrong statement.
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Most Upvoted Answer
With reference to Indian Parliament, which one of the following isnotc...
Explanation:
The Indian Parliament consists of the President and two Houses - the Rajya Sabha (Council of States) and the Lok Sabha (House of the People). The Parliament has the power to make laws for the whole or any part of India.

The Appropriation Bill:

The Appropriation Bill is a money bill that provides for the withdrawal of funds from the Consolidated Fund of India for meeting the expenses of the government. The bill specifies the amount of money required for different purposes such as salaries, pensions, subsidies, grants, etc. The bill must be passed by both Houses of Parliament before it can be enacted into law.

No Withdrawal of Money without Appropriation:

No money can be withdrawn from the Consolidated Fund of India except under the appropriation made by the Appropriation Act. This means that the government cannot spend any money without the approval of Parliament.

Money Bill:

A Money Bill is a bill that deals with matters related to taxation, borrowing of money by the government, expenditure from the Consolidated Fund of India, etc. A Money Bill can only be introduced in the Lok Sabha and not in the Rajya Sabha. The President cannot return a Money Bill for reconsideration by Parliament.

Finance Bill:

A Finance Bill is a bill that is introduced in the Lok Sabha and contains provisions related to taxation, such as proposals for new taxes or changes in the rates of existing taxes. Once the Finance Bill is passed by both Houses of Parliament and receives the President's assent, it becomes an Act.

The Correct Option:

Option A is not correct because the Appropriation Bill must be passed by both Houses of Parliament before it can be enacted into law. This means that the bill must be passed by the Lok Sabha and the Rajya Sabha. Hence, option A is not correct.

Conclusion:

The Indian Parliament has the power to make laws for the whole or any part of India. The Appropriation Bill provides for the withdrawal of funds from the Consolidated Fund of India for meeting the expenses of the government. No money can be withdrawn from the Consolidated Fund of India except under the appropriation made by the Appropriation Act. A Money Bill can only be introduced in the Lok Sabha, and a Finance Bill is required for proposing new taxes or changes in the rates of existing taxes.
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With reference to Indian Parliament, which one of the following isnotcorrect?a)The Appropriation Bill must be passed by both the Houses of Parliament before it can be enacted into lawb)No money shall be withdrawn from the consolidated fund of India except under the appropriation made by the Appropriation Actc)No Money Bill can be introduced except on the recommendation of the Presidentd)Finance Bill is required for proposing new taxes but no another Bill/Act is required for making changes in the rates of taxes which are already under operationCorrect answer is option 'A'. Can you explain this answer?
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With reference to Indian Parliament, which one of the following isnotcorrect?a)The Appropriation Bill must be passed by both the Houses of Parliament before it can be enacted into lawb)No money shall be withdrawn from the consolidated fund of India except under the appropriation made by the Appropriation Actc)No Money Bill can be introduced except on the recommendation of the Presidentd)Finance Bill is required for proposing new taxes but no another Bill/Act is required for making changes in the rates of taxes which are already under operationCorrect answer is option 'A'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about With reference to Indian Parliament, which one of the following isnotcorrect?a)The Appropriation Bill must be passed by both the Houses of Parliament before it can be enacted into lawb)No money shall be withdrawn from the consolidated fund of India except under the appropriation made by the Appropriation Actc)No Money Bill can be introduced except on the recommendation of the Presidentd)Finance Bill is required for proposing new taxes but no another Bill/Act is required for making changes in the rates of taxes which are already under operationCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for With reference to Indian Parliament, which one of the following isnotcorrect?a)The Appropriation Bill must be passed by both the Houses of Parliament before it can be enacted into lawb)No money shall be withdrawn from the consolidated fund of India except under the appropriation made by the Appropriation Actc)No Money Bill can be introduced except on the recommendation of the Presidentd)Finance Bill is required for proposing new taxes but no another Bill/Act is required for making changes in the rates of taxes which are already under operationCorrect answer is option 'A'. Can you explain this answer?.
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