In the context of Government finance the Appropriation Bill is intended to ........

Indian Polity Others

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In the context of Government finance, the Appropriation Bill is intended to

Give authority to Government to incur expenditure from and out of the Consolidated Fund of India

Allow the Government to borrow from the market to meet its expenditure

Resort to monetized deficit facility by the Reserve Bank of India

None of the above

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Explanation:

After the General Discussion on the Budget proposals and Voting on Demands for Grants have been completed, Government introduces the Appropriation Bill. The Appropriation Bill is intended to give authority to Government to incur expenditure from and out of the Consolidated Fund of India. The procedure for passing this Bill is the same as in the case of other money Bills. The Finance Bill is used to approve government’s revenue receipt and capital receipt side of the budget.