Which one of the following is the correct sequence of different stages a budget has to go through in the Parliament ?
- 1. Presentation of the Budget
- 2. Scrutiny by Departmental Commit- tees
- 3. Passing of Finance Bill
- 4. Passing of Appropriation Bill
Select the correct answer using the code given below :
1 - 2 - 4 - 3
1 - 3 - 2 - 4
2 - 1 - 3 - 4
4 - 3 - 2 - 1
Answer is Right!
Answer is Wrong!
This question was previously asked in
UPSC CAPF – 2017
1. **Presentation of the Budget:** The budget is presented by the Finance Minister, followed by a general discussion on its overall proposals.
2. **Scrutiny by Departmental Committees:** After the general discussion, the Houses adjourn, and standing committees scrutinise the demands for grants of respective ministries and prepare reports.
3. **Voting on Demands for Grants:** Based on the committee reports, the Lok Sabha discusses and votes on the demands for grants of various ministries.
4. **Passing of Appropriation Bill:** This Bill is introduced after the grants are voted. It authorizes the government to withdraw money from the Consolidated Fund of India to meet the expenditure sanctioned in the voted grants and charged expenditures.
5. **Passing of Finance Bill:** This Bill gives effect to the financial proposals of the government for the next financial year (primarily concerning taxes). It is usually passed after the Appropriation Bill, but both must be passed before the new financial year begins (April 1st).
Based on the options provided, the sequence 1-2-4-3 corresponds to Presentation – Scrutiny – Appropriation Bill – Finance Bill, which is the correct procedural order where the Appropriation Bill is passed before the Finance Bill.