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Q. |
With reference to Indian Parliament, which one of the following is not correct? [IAS 2004] |
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B. | No money shall be withdrawn from the Consolidated Fund of India except under the appropriation made by the Appropriation Act |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» 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 |
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