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Mention three of Financial Powers of the Union Parliament. - History and Civics

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प्रश्न

Mention three of Financial Powers of the Union Parliament.

लघु उत्तर
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उत्तर

Three financial powers of the Union Parliament are

  1. It passes the Union Budget.
  2. It can make supplementary grants if the amount authorised is insufficient.
  3. If the budget is not passed before April 1, then there would be no money for the executive to spend. To provide money to the executive for day-to-day expenditure till the passage of the budget, a “Vote on Account” is passed.
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पाठ 1: The Union Parliament - Short Questions II

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आईसीएसई History and Civics [English] Class 10 ICSE
पाठ 1 The Union Parliament
Short Questions II | Q 19
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