Indian Economy·Prelims Questions

Budget Components and Process — Prelims Questions

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Version 1Updated 5 Mar 2026
Q1medium

Consider the following statements about India's budget process: 1. The Railway Budget was merged with the General Budget in 2016 2. Rajya Sabha can discuss but cannot vote on Demands for Grants 3. The Finance Bill is always considered a Money Bill under Article 110 4. Charged expenditure includes the salary of the Chief Justice of India Which of the statements given above are correct?

Q2medium

Which of the following best describes the constitutional significance of 'charged expenditure' in India's budget process?

Q3hard

In the context of India's budget process, what is the primary difference between a 'Vote on Account' and 'Vote of Credit'?

Q4hard

Consider the following about parliamentary committees' role in budget process: 1. Standing Committees examine Demands for Grants in detail 2. Public Accounts Committee examines budget proposals before approval 3. Estimates Committee suggests alternative policies in budget formulation 4. Committee on Public Undertakings reviews PSU budget allocations Which of the above statements are correct?

Q5medium

The merger of Railway Budget with General Budget in 2017 was primarily intended to achieve which of the following objectives?

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