Financial bills

Financial bills is a Polity concept from the MPSC syllabus, tested in 3 past MPSC questions (2020, 2021, 2022). Below are those real questions with their correct answers and explanations, plus the concepts worth being comfortable with first.

Real questions

Years tested

3 · 2020–2022

In context

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Asked in

2022 2021 2020

What you need to know first

Article 110Article 117Legislative process in ParliamentTypes of bills

Real questions that test this

Members of both the Houses can put questions to ministers about the work of their departments. They discuss all matters of public importance. But here again, the Lok Sabha has more power than the Rajya Sabha. The Council of Ministers is responsible only to the Lok Sabha. The Rajya Sabha has no power to pass a motion expressing No-Confidence in the Council of Ministers. The Constitution puts the Rajya Sabha on an equal footing with the Lok Sabha in these matters : the election and impeachment of the President, removal of the Judges of the Supreme Court and the High Courts, Proclamation of Emergency, Promulgation of Ordinances and Constitutional Amendments. The fact remains that the Rajya Sabha is not at par with the Lok Sabha. It does not, however, mean that the Rajya Sabha has no important role to play in the Governmental machinery. Neither House by itself constitutes the Parliament. It is the two Houses together that are the Parliament in India. The Parliament can create new All India Services only if the Rajya Sabha passes a resolution to this effect. Moreover, the Rajya Sabha is a 'Continuing House', a Parliament chamber. It is not subject to dissolution like the Lok Sabha. It has to play a major role during the periods when the Lok Sabha is dissolved. All this helps to show that the Rajya Sabha is an influential and useful body.

धनविधेयक प्रथमतः फक्त ________ मध्येच सादर करतात. Money Bill originates only in the ________ .

1)लोकसभा / Lok Sabha✓ Correct

2)राज्यसभा / Rajya Sabha

3)विधान परिषद / Vidhan Parishad

4)वरीलपैकी एकही नाही / None of the above

A Money Bill can only be introduced in the Lok Sabha as per Article 110 of the Indian Constitution, reflecting the financial supremacy of the lower house.

खालीलपैकी कोणते विधान/ने योग्य आहे/त? (a) राज्यघटनेचे अनुच्छेद-111 हे अर्थ विधेयकांच्या (money bills) व्याखेच्या संदर्भात आहे. (b) अनुच्छेद-117(3) खाली श्रेणीबद्ध झालेले वित्त विधेयक (financial bill) हे केवळ लोकसभेमध्येच मांडले जाऊ शकते. (c) अनुच्छेद-117(1) खाली श्रेणीबद्ध झालेले वित्त विधेयक (financial bill) राज्यसभा असमत अथवा दुरुस्त करू शकत नाही. Which of the following statements is/are correct? (a) Article-111 of the constitution deals with the definition of money bills. (b) A bill categorised as financial bill under Article-117(3) can be introduced only in the Lok Sabha. (c) A bill categorised as financial bill under Article-117(1) cannot be rejected or amended by the Rajya Sabha.

(a)राज्यघटनेचे अनुच्छेद-111 हे अर्थ विधेयकांच्या (money bills) व्याखेच्या संदर्भात आहे. / Article-111 of the constitution deals with the definition of money bills.

(b)अनुच्छेद-117(3) खाली श्रेणीबद्ध झालेले वित्त विधेयक (financial bill) हे केवळ लोकसभेमध्येच मांडले जाऊ शकते. / A bill categorised as financial bill under Article-117(3) can be introduced only in the Lok Sabha.

(c)अनुच्छेद-117(1) खाली श्रेणीबद्ध झालेले वित्त विधेयक (financial bill) राज्यसभा असमत अथवा दुरुस्त करू शकत नाही. / A bill categorised as financial bill under Article-117(1) cannot be rejected or amended by the Rajya Sabha.

1)फक्त (a) / Only (a)

2)(b) आणि (c) / (b) and (c)

3)वरीलपैकी एकही नाही / None of the above✓ Correct

4)फक्त (c) / Only (c)

Article 111 deals with assent to bills passed by Parliament, not the definition of money bills (which is Article 110). Article 117(3) bills can be introduced in either house, and Article 117(1) financial bills can be amended or rejected by the Rajya Sabha, making none of the statements correct.

खालील विधाने विचारात घ्या : / Consider the following statements :

(a)राष्ट्रपती कोणतेही सर्वसाधारण विधेयक संसदेकडे पुनर्विचारसाठी पाठवू शकतात. / The President may return an ordinary bill for reconsideration of the Parliament.

(b)राष्ट्रपती धन विधेयक संसदेकडे पुनर्विचारसाठी पाठवू शकतात. / The President may return the money bill for reconsideration of the Parliament.

(c)संसदेने सर्वसाधारण विधेयक पुन्हा मंजूर केल्यास राष्ट्रपर्तीना विधेयकाला मंजुरी द्यावी लागते. / If an ordinary bill is passed again by the Parliament, the President must give his assent to the bill.

1)(a) आणि (b) / (a) and (b)

2)(b) आणि (c) / (b) and (c)

3)(a) आणि (c) / (a) and (c)✓ Correct

4)वरीलपैकी नाही / None of above

The President can return an ordinary bill for reconsideration (Statement a is correct). Money bills cannot be returned for reconsideration by the President; they require prior recommendation (Statement b is wrong). If an ordinary bill is passed again, the President must give assent (Statement c is correct).

More Polity concepts

Fundamental Rights Constitutional Bodies Basic Structure Doctrine Constitutional articles Finance Commission Judicial Review International Relations No-confidence Motion Parliamentary procedure Article 3 Federalism Judicial activism

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