Multiple choice

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

  1. Economic Bill

  2. Finance Bill

  3. Supplementary Bill

  4. None of the above

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

The Finance Bill is the mechanism through which the government proposes collection of revenues for a fiscal year. It contains the government's tax proposals and revenue measures for the upcoming financial year. Economic Bills relate to broader economic policy, Supplementary Bills are for additional funding, making Finance Bill the correct answer.