MCQOPTIONS
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| 1. |
A Finance Bill is one which |
| A. | authorises expenditure on the Contingency Fund of India |
| B. | is introduced every year to give effect to the financial proposals of the Union Government for the succeeding financial year |
| C. | authorises expenditure out of the Consolidated Fund of India |
| D. | outlines the state of economy of the nation presented to Parliament by the Union Finance Minister on the eve of presentation of the annual Budget |
| Answer» C. authorises expenditure out of the Consolidated Fund of India | |