5 Questions
What is included in the Demand presented for a service when the expenditure includes both 'voted' and 'charged' items?
Both 'voted' and 'charged' provisions
In fulfillment of which constitutional requirement is a Finance Bill presented along with the Annual Financial Statement before the Parliament?
Article 110 (1)(a) of the Constitution
What type of Bill is a Finance Bill as per the definition provided in the Constitution?
Money Bill
Under which Act is the Macro-Economic Framework Statement presented to Parliament?
Fiscal Responsibility and Budget Management (FRBM) Act, 2003
What does the Macro-Economic Framework Statement assess regarding the economy?
Multiple aspects including growth prospects, GDP growth rate, and fiscal balance
Learn about accessing and interpreting the Budget documents available at the official website of India's Budget. Gain insights into the Annual Financial Statement (AFS) which details the estimated receipts and expenditure of the Government of India for specific years.
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