Question : Which Bill was passed in the Parliament in 2022 to authorise payment certain sums from and out of the Consolidated Fund of India for the services of the financial year 2022-23?
Option 1: The Finance Bill
Option 2: The Electricity (Amendment) Bill
Option 3: The Appropriation Bill
Option 4: The Wild Life (Protection) Amendment Bill
Correct Answer: The Appropriation Bill
Solution : The correct answer is The Appropriation Bill.
The Union Finance Minister presented the Appropriation (No.5) Bill 2022 and Appropriation (No.4) Bill 2022 in the Rajya Sabha. These bills authorize the allocation and withdrawal of additional funds from the Consolidated Fund of India to meet expenses for the financial year 2022-2023. The Appropriation Bill empowers the government to access funds from the Consolidated Fund, ensuring necessary financial provisions for the designated services during the specified fiscal year.
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