MCQ
upsc-p1-economy-fiscal-policy-budget MCQ - Practice Questions with Answers
Solve 2 upsc-p1-economy-fiscal-policy-budget questions for RAS/RPSC preparation.
Practice questions
Q1With reference to parliamentary control over public expenditure, consider the following statements: 1. Expenditure charged on the Consolidated Fund is neither discussed nor voted in Parliament. 2. Demands for Grants are voted in the Lok Sabha. 3. Withdrawal from the Consolidated Fund requires appropriation made by law. Which of the statements given above are correct? Select the correct answer using the code given below.
Statements 2 and 3 are correct. Charged expenditure is not voted, but it may be discussed and still requires appropriation from the Consolidated Fund. Thus, the absolute claim in Statement 1 is incorrect.
Q2Match List I with List II and select the correct answer using the code given below. List I (Constitutional provision) (a) Article 112 (b) Article 113 (c) Article 114 (d) Article 116 List II (Budget function) 1. Vote on account, vote of credit and exceptional grants 2. Annual Financial Statement 3. Demands for Grants in the Lok Sabha 4. Appropriation authorising withdrawal from the Consolidated Fund
Article 112 concerns the Annual Financial Statement; Article 113 covers Demands for Grants in the Lok Sabha; Article 114 concerns appropriation from the Consolidated Fund; and Article 116 covers vote on account, vote of credit and exceptional grants. Hence option C is correct.
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