GK
PUBLIC ADMINISTRATION
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Discussed and reduced
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Discussed and approved
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Discussed but not approved
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Not discussed for want of time
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Detailed explanation-1: -Once the House is done with these debates, the Speaker applies the “guillotine”. This is to put to vote at once, all the other outstanding demands for grants that have not been discussed. This usually happens on the last day earmarked for the discussion on the Budget.
Detailed explanation-2: -Once the speaker applies the guillotine, all the outstanding demands for grants, whether discussed or not, are put to vote at once. After this, appropriation bill is taken into consideration. The Lok Sabha will now discuss the Finance Bill, which essentially contains the government’s tax proposals.
Detailed explanation-3: -The budget has four stages viz., (1) estimates of expenditures and revenues, (2) first estimate of deficit, (3) narrowing of deficit and (4) presentation and approval of budget. The process begins with various ministries providing initial estimates of plan and non-plan expenditures.