UPSC Exam > UPSC Videos > Indian Polity for UPSC CSE > Budget in Parliament
Budget in Parliament Video Lecture | Indian Polity for UPSC CSE
|
144 videos|611 docs|204 tests
|
FAQs on Budget in Parliament Video Lecture - Indian Polity for UPSC CSE
| 1. What is the budget in Parliament? |  |
Ans. The budget in Parliament refers to the process of reviewing and approving the government's proposed budget for the upcoming fiscal year. It involves discussions and debates among Members of Parliament to determine the allocation of funds to different sectors and government programs.
| 2. How does the budget in Parliament work? | |
Ans. The budget in Parliament begins with the presentation of the government's budget proposal by the Finance Minister. The proposal is then examined by various Parliamentary committees, such as the Standing Committee on Finance, who review and scrutinize the budget in detail. MPs have the opportunity to ask questions, propose amendments, and debate the allocations before voting on its approval.
| 3. What is the significance of the budget in Parliament? | |
Ans. The budget in Parliament is of utmost significance as it determines how public funds will be allocated to different sectors and programs. It reflects the government's priorities and policies, and its approval by Parliament ensures accountability and transparency in financial matters. The budget also provides an opportunity for lawmakers to discuss and debate economic policies and their impact on the country.
| 4. How does the budget in Parliament affect the economy? | |
Ans. The budget in Parliament has a direct impact on the economy as it influences the allocation of resources, government spending, and taxation policies. A well-designed budget can stimulate economic growth, promote investment, and address socio-economic challenges. It also helps in maintaining fiscal discipline and managing public debt, which are crucial for overall economic stability.
| 5. Can the budget in Parliament be rejected? | |
Ans. Yes, the budget in Parliament can be rejected if a majority of MPs vote against its approval. However, such instances are rare as the government usually ensures that its budget proposal is aligned with its majority in the Parliament. Rejection of the budget often leads to political instability and may prompt the government to either revise the proposal or call for early elections.
Related Exams
About this Video
|
4.60/5 Rating |
|
Nov 21, 2024 Last updated |
Video Description: Budget in Parliament for UPSC 2024 is part of Indian Polity for UPSC CSE preparation.
The notes and questions for Budget in Parliament have been prepared according to the UPSC exam syllabus.
Information about Budget in Parliament covers all important topics for UPSC 2024 Exam.
Find important definitions, questions, notes, meanings, examples, exercises and tests below for Budget in Parliament.
Introduction of Budget in Parliament in English is available as part of our Indian Polity for UPSC CSE for UPSC & Budget in Parliament in
Hindi for Indian Polity for UPSC CSE course. Download more important topics related with notes, lectures and mock test series for
UPSC Exam by signing up for free.
Description
Video Lecture & Questions for Budget in Parliament Video Lecture | Indian Polity for UPSC CSE - UPSC full syllabus preparation | Free video for UPSC exam to prepare for Indian Polity for UPSC CSE.
Information about Budget in Parliament
Here you can find the meaning of Budget in Parliament defined & explained in the simplest way possible.
Besides explaining types of Budget in Parliament theory, EduRev gives you an ample number of questions to practice Budget in Parliament tests,
examples and also practice UPSC tests.
|
144 videos|611 docs|204 tests
|
|
Explore Courses for UPSC exam
|
|
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
Related Searches
practice quizzes
,Sample Paper
,Exam
,shortcuts and tricks
,Objective type Questions
,Budget in Parliament Video Lecture | Indian Polity for UPSC CSE
,ppt
,Semester Notes
,video lectures
,Free
,Important questions
,Summary
,Extra Questions
,Budget in Parliament Video Lecture | Indian Polity for UPSC CSE
,MCQs
,past year papers
,Previous Year Questions with Solutions
,Budget in Parliament Video Lecture | Indian Polity for UPSC CSE
,Viva Questions
,study material
,mock tests for examination
;
Study Budget in Parliament on the App
Students of UPSC can study Budget in Parliament alongwith tests & analysis from the EduRev app,
which will help them while preparing for their exam. Apart from the Budget in Parliament,
students can also utilize the EduRev App for other study materials such as previous year question papers, syllabus, important questions, etc.
The EduRev App will make your learning easier as you can access it from anywhere you want.
The content of Budget in Parliament is prepared as per the latest UPSC syllabus.
|
© EduRev
|
Education Revolution
|
Follow Us
|
Signup to see your scores
go up within 7 days!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup