Money Bill and Financial Legislation
Civics ⇒ Parliamentary System and Political Institutions
Money Bill and Financial Legislation starts at 9 and continues till grade 12.
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Describe the consequences if the government fails to pass the Appropriation Bill in Parliament.
Describe the process by which the Union Budget is passed in Parliament.
Describe the role of the Speaker of Lok Sabha in the context of Money Bills.
Explain the difference between a Money Bill and a Financial Bill (I).
Explain the importance of financial legislation in a parliamentary democracy.
Explain the process of passing a Money Bill in the Indian Parliament.
Explain the significance of the Speaker’s certification of a Money Bill.
Explain why the Rajya Sabha has limited powers regarding Money Bills.
List any three features that distinguish a Money Bill from a Financial Bill.
What happens if the Rajya Sabha does not return a Money Bill within 14 days?
What is the difference between the Consolidated Fund of India and the Contingency Fund of India?
What is the main purpose of the Appropriation Bill?
What is the maximum period for which the Rajya Sabha can withhold a Money Bill?
