By: D.K Chaudhary
Q.1 All revenues revenue received by the union government by way of taxes and other receipts for the conduct of government business are credited to the? (I.A.S 2011)
(A) Contingency fund of India.
(B) Public Account.
(C) Consolidated fund of India.
(D) Deposits and Advances fund.
Ans:- (C)
| All revenues received by the union government by way of taxes and other receipts for the conduct of government business are credited to consolidated fund of India as enumerated in Article 266 of the constitution of India. |
Q.2 Money bill has been defined by the constitution under Article? (UP. PCS 2000)
(A) 109 (B) 110
(C) 111 (D) None of these
Ans:- (B)
| Article 109 Special procedure in respect of money bill.
Article 110 Definition of Money bill. Article 111 Permission on bill. |
Q.3 Who among the following decides whether a particular bill is a money bill? (UP. PCS 1992)
(A) President (B) Prime minister
(C) Speaker of Lok Sabha (D) The Cabinet
Ans:- (C)
| Under Article 110(3), it has been specified that if any question arises whether a bill is money bill or not, the decision of the Lok Sabha Speaker on this issue shall be final. |
Q.4 Who decides whether a bill is money bill or not? (UP. PCS 2014)
(A) President (B) Lok Sabha Speaker
(C) Finance Minister (D) Finance Secretary
Ans:- (B)
| See the explanation of above question. |
Q.5 Which one of the following statements about a money bill is not correct? (I.A.S 2000)
(A) A money bill can be tabled in either house of parliament.
(B) The speaker of Lok Sabha is the final authority to decide whether a bill is a money bill or not.
(C) The Rajya Sabha must return a money bill passed by the Lok Sabha and send it for consideration within 14 days.
(D) The president can not return a money bill to the Lok Sabha for reconsideration.
Ans:- (A)
| A money bill can be introduced in Lok Sabha only. Rajya Sabha has got very limited power in this regard. Rajya Sabha can delay this for a period not exceeding 14 days. |
Q.6 A money bill under the constitution of India is tabled in the? (UP. PCS 2015)
(A) Rajya Sabha (B) Public Account Committee
(C) Lok Sabha (D) Lok Sabha and Rajya Sabha simultaneously.
Ans:- (C)
| See the explanation of above question. |
Q.7 Of the following statements, which one is not correct? (B. PCS 2011)
(A) The Rajya Sabha is powerless in money matters.
(B) Money bill is introduced in the Rajya Sabha.
(C) The Rajya Sabha has to pass the money bill within 14 days after it has been passed by the Lok Sabha.
(D) The Rajya Sabha may pass or return the money bill with some recommendations to Lok Sabha.
Ans:- (B)
| It has been laid down in article109(1) of the constitution of India that a money bill shall not be introduced in the Rajya Sabha. Article 109(2) lays down that, after a bill has been passed by the Lok Sabha, it shall be transferred to the Rajya Sabha for its recommendations. It turn, the Rajya Sabha, within a period of 14 days of its receipt of the bill, shall return the bill with or without its recommendation to the Lok Sabha, which may accept or reject all or any of the recommendations of the Rajya Sabha. |
Q.8 Which one of the following subject is not included in the provisions of the Money bills? (UP. UDA/LDA 2010)
(A) Provision regarding taxes.
(B) Provision regarding borrowings.
(C) Provision regarding custody of the consolidated and contingency funds.
(D) Provision for imposition of fines of penalties.
Ans:- (D)
| Under Article 110 of the constitution, it has been specified that the provision regarding taxes, borrowings and custody of the consolidated and contingency funds are included in the provisions of the Money bill. But provisions for the imposition of fines penalties are not included in the provisions of the Money bill. |
Q.9 Which one of the following statements is not correct with regard to control of parliament on a budget? (I.A.S 2009)
(A) Parliament does not have any role in the creation of the budget.
(B) Parliament has the power to move on the affected expenditure on the consolidated fund.
(C) Parliament has no power to impose a tax without the recommendation of the president.
(D) Parliament has no power to increase any tax without the recommendation of the president.
Ans:- (B)
| The charged expenditure upon the consolidated fund of India [Article 112 (3)] is not submitted to the vote of parliament, although there can be a discussion on the same in either House of Parliament. |
Q.10 Which of the following responsible for preparation and presentation of union budget in the parliament? (I.A.S 2010)
(A) Department of Revenue
(B) Department of Economic Affairs
(C) Department of Financial Services
(D) Department of Expenditure
Ans:- (B)
| The Department of Economic Affairs is responsible for the preparation and presentation of the union budget in the parliament. |
