SSC CHSL 2025 PYQ — Question 97

The correct answer is Option 1: Finance Bill.
Explanation:
In the context of the Indian Constitution and the budgetary process, a Finance Bill is the bill that provides details regarding the government's budgetary proposals—specifically concerning the imposition, abolition, remission, alteration, or regulation of taxes.
Definition: Introduced alongside the Annual Budget, this bill gives effect to the government's financial proposals for the upcoming financial year.
Article: It broadly falls under Article 117 (while all 'Money Bills' are Finance Bills, not all Finance Bills are Money Bills).
Key Feature: It can be introduced only in the Lok Sabha, and the prior recommendation of the President is mandatory for its introduction.
Analysis of Other Options (Quick Revision):

• Private Member Bill (Option 2): This is introduced by a member who is not a Minister. It can be introduced only on Fridays.
• Constitution Amendment Bill (Option 3): This is introduced under Article 368 to effect changes to the Constitution. It requires a special majority in both Houses of Parliament.
• Ordinary Bill (Option 4): This can be introduced in either House of Parliament and requires a simple majority for its passage.

Important Facts Related to the Budgetary Process:

• Appropriation Bill: This grants the government the legal authority to withdraw funds from the Consolidated Fund of India (Article 114).
• Reference to 'Budget': The term 'Budget' is not explicitly mentioned in the Constitution; instead, Article 112 refers to it as the 'Annual Financial Statement.'

Important Questions for Upcoming Examinations:
Question: Under which Article of the Constitution is the Budget presented?
Answer: Article 112. Question: Who decides whether a Bill is a 'Money Bill' or not?
Answer: The Speaker of the Lok Sabha.
Question: Which Article is related to the Appropriation Bill?
Answer: Article 114.