Multiple choice

By which of the following Bills does the Government propose collection of revenues for a year?

  1. Economic Bill

  2. Finance Bill

  3. Supplementary Bill

  4. None of these

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The Finance Bill is introduced in Parliament every year alongside the Budget to propose tax measures and revenue collection for the upcoming financial year. It gives effect to the financial proposals of the government. Other bills like Economic Bills or Supplementary Bills serve different purposes.