The bill that consolidates the demands voted upon by the Lok Sabha and the expenditures charged on the Consolidated Fund of India is known as The Appropriation Bill.
Purpose: This bill is crucial for the functioning of the government. Once passed by Parliament, it grants the government the legal authority to withdraw funds from the Consolidated Fund of India.
Components: It specifically covers two types of expenditures:
Passing the Appropriation Bill is a necessary step before the government can spend any money from the central budget, ensuring parliamentary control over public finances.
According to the Article 110 of the Constitution of india, a bill is deemed to be a Money bill, if it contains----------
A. The imposition and alteration of any tax
B. Appropriation of money from Consolidated Fund of India
C. Impostion of fines or other penalties
D. Imposition of any tax by any local authority
Choose the correct answer from the options given below:
Which of the following statements is correct regarding the Composition of Public Accounts Committee (PAC) of the Indian Parliament?
A. The Total Strength of the PAC is increased to 22 in the year 1953
B. Out of 22 members, 14 are from Lok Sabha and 8 are from Rajya Sabha
C. The members of the PAC will be elected annually
D. The second ARC recommended for an equal size of members from both houses.
Choose the appropriate answer from the options given below:
| List I - Parliamentary Committees | List II- Year of Establishment |
| A. Committee on Subordinate Legislation. | I. 1921 |
| B. Estimates Committee. | II. 1964 |
| C. Committee on Public Undertakings | III. 1950 |
| D. Public Accounts Committee | IV. 1963 |
Who was the protem speaker of the 16th Lok Sabha ?