GS PrelimsPolityParliament2011

The authorization for the withdrawal of funds from the Consolidated Fund of India must come from

A

The President of India

B

The Parliament of India

C

The Prime Minister of India

D

The Union Finance Minister

Correct Answer: Option B

Explanation

1. Article 266(3) of the Constitution of India states that no moneys out of the Consolidated Fund of India (or the Consolidated Fund of a State) shall be appropriated except in accordance with law and for the purposes and in the manner provided in the Constitution. 2. Article 114(3) stipulates that no money shall be withdrawn from the Consolidated Fund of India except under appropriation made by law passed in accordance with the provisions of this article. 3. This means that the withdrawal of funds from the Consolidated Fund of India requires an authorization through an Appropriation Act. 4. An Appropriation Act is passed by the Parliament of India after the demands for grants have been voted by the Lok Sabha. 5. Therefore, the ultimate authorization for the withdrawal of funds must come from the Parliament of India. 6. The President of India gives assent to the Appropriation Bill, the Prime Minister of India heads the government proposing expenditure, and the Union Finance Minister presents the budget, but the legislative authorization rests with the Parliament.

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