Current Affairs

General Studies Prelims

General Studies (Mains)

Appropriation Bill

The Appropriation Bill is a crucial piece of legislation. It authorises government spending for the fiscal year. This bill outlines how public funds will be allocated. It ensures financial accountability and transparency. Parliament debates and approves the bill. Once passed, it allows the government to implement its budget. The bill is essential for effective governance and economic stability.

The Parliament: Committees

The two Houses of the Parliament work through committees. As per India, 2014 reference journal, the committees are:...

 June 16, 2024

Financial Bill, Appropriation Bill, Finance Bill

A bill that relates to the revenue or expenditure is a financial bill. "Those bills which make provisions...

 June 9, 2024

Some Financial Terms

Appropriation means assignment to meet specified expenditure of funds included in a primary unit of appropriation. Appropriation Accounts:...

 June 8, 2024

How does a Bill Become an Act?

An ordinary bill has to pass through numerous stages before it becomes a law. In both the Houses...

 June 7, 2024

Biological Diversity (Amendment) Bill, 2022

The Biological Diversity (Amendment) Bill, 2022, slated for presentation in the Parliament during the monsoon session, has sparked...

 July 22, 2023

Aadhaar

Aadhaar is a unique identification number issued to resident individuals in India under the Aadhaar (Targeted Delivery of...

 February 1, 2023

Annual Financial Statement

Annual Financial Statement shows estimated receipts and expenditure of the Government. The receipts and disbursements are shown under...

 December 12, 2022

Changes in Monetary and Fiscal Policy in India during Reform Period

In India, prior to 1991, interest rates and returns on all types of financial investments were strictly regulated...

 December 10, 2022

Finance Minister Presents Supplementary Demands for Grants 2019-20

The Indian Parliament has received the latest batch of Supplementary Demands for Grants for the financial year (FY)...

 November 28, 2019

China Funds Protests Against Indian Hydropower Projects

Recent reports from Government officials have surfaced, asserting that China is maneuvering to fund certain non-governmental organizations (NGOs)....

 September 8, 2019

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