UNION LEGISLATURE MCQS SET 35

UNION LEGISLATURE MCQS SET 35

341) Which of the following is concerned with the regularity and economy of expenditure of
government?
A) Public Accounts Committee
B) Estimates Committee
C) Business Advisory Committee
D) Committee on Offices on Profit
Answer:  Public Accounts Committee
   
342) The Estimates Committee:
A) consists of 30 members elected amongst the members of Lok Sabha only
B) consists of 20 members from Lok Sabha and 10 members from Rajya Sabha
C) consists of 22 members from Lok Sabha only
D) has a Union Minister as its Chairman
Answer:  consists of 30 members elected amongst the members of Lok Sabha only
   
343) Which of the following committees is not created by the Speaker's nomination, of members?
A) Committee on Privileges
B) Committee on Petitions
C) Business Advisory Committee
D) Committee on Public Undertakings
Answer:  Committee on Public Undertakings
   
344) With reference to Indian Public Finance. consider the following statements:
1. Disbursements from Public Accounts of India are subject to the Vote of Parliament.
2. The Indian Constitution provides for the establishment of a Consolidated Fund, a Public Account and a Contingency Fund for each State.
3. Appropriations and disbursements under the Railway Budget are subject to the same form of parliamentary control as other appropriations and disbursements.
Which of the statements given above are correct?
A) 1 and 2
B) 2 and 3
C) 1 and 3
D) 1,2 and 3
Answer:  1,2 and 3
   
345) With reference to Indian Parliament, which one of the following is not correct?
A) The Appropriation Bill must be passed by both the Houses of Parliament before it can be enacted into law
B) No money shall be withdrawn from the Consolidated Fund of India except under the appropriation made by the Appropriation Act
C) Finance Bill is required for proposing new taxes but no another Bill/Act is required for making changes in the rates of taxes which are already under operation
D) No Money Bill can be introduced except on the recommendation of the President
Answer:  Finance Bill is required for proposing new taxes but no another Bill/Act is required for making changes in the rates of taxes which are already under operation

346) The Annual Financial Statement is caused to be laid before both Houses of Parliament by the:
A) President
B) Vice-President
C) Speaker
D) Finance Minister
Answer:  President
   
347) By 'charged' expenditure is meant:
A) expenditure from the Consolidated Fund of India which is non-votable
B) expenditure incurred for which payment is pending
C) expenditure that the President can incur without Parliament's approval
D) the sum required to meet all expenditure proposed to be made from the Consolidated Fund of India
Answer:  expenditure from the Consolidated Fund of India which is non-votable
   
348) An Appropriation Bill:
I. is necessary to draw money from the Consolidated Fund of India.
II. cannot be amended to vary the amount of any charged expenditure.
III. Includes only the expenditure charged on the Consoliated Fund of India.
IV. is required to withdraw money from the Contingency Fund of India.
A) I and III
B) I, II and III
C) I and II
D) I, II, III and IV
Answer:  I and II
   
349) Which Union Territories are represented in Rajya Sabha at present?
I. Delhi
II. Puducherry
III. Lakshadweep
IV. Chandigarh
A) I, II and IV
B) II and III
C) I, II, III and IV
D) I and II
Answer:  I and II
   
350) Consider the following statements on Financial Bill and say which is/are correct?
I. It is the sameasa Money Bill.
II. It can be introduced only in the Lok Sabha.
III. It can be amended in the Rajya Sabha.
IV. It cannot be introduced except on the recommendation of the President.
A) I only
B) II and IV
C) II, III and IV
D) III and IV
Answer:  II and IV