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Multiple Choice Questions

Consider the following statements with reference to enactment of budget 1 Parliament can increase re...........

Indian Political System(HCS) Union - Executive, Legisture

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Consider the following statements with reference to enactment of budget:

1. Parliament can increase, reduce or abolish a tax.

2. The term „budget? is not mentioned in the Constitution.

3. The Rajya Sabha has no power to vote on demand for grants.

Which of the statements given above is/are correct?

1 and 2 only

1 and 3 only

3 only

2 and 3 only

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Explanation:

Statement 1 is incorrect :The Parliament can reduce or abolish a tax, but cannot increase it.
Statement 2 is correct: The term 'budget' is not mentioned in the Constitution.
Statement 3 is correct: Only Lok Sabha has the power to vote on demand for grants.

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