CLAT GurukulSamudraManthan

Topic 004 · Answers

Money Bills and the Budget's constitutional articles

All 10 answers, each with its Book 1 RATNA fact. Try the questions first

  1. Question 1Answer C

    On which date was the Union Budget 2026-27 presented?

    • 31 January 2026
    • 28 February 2026
    • Correct answer: 1 February 2026
    • 1 March 2026

    Core Trigger: The Union Budget 2026-27, presented on 1 February 2026, put the Constitution's budget articles back in focus.From Book 1 RATNA, topic 004, point 1

  2. Question 2Answer C

    Which Article requires the annual financial statement to be laid before Parliament each year?

    • Article 111
    • Article 114
    • Correct answer: Article 112
    • Article 117

    Statement: Article 112 requires the annual financial statement to be laid before Parliament each year.From Book 1 RATNA, topic 004, point 2

  3. Question 3Answer C

    Who presented the Union Budget 2026-27?

    • Piyush Goyal
    • Rajnath Singh
    • Correct answer: Nirmala Sitharaman
    • Pankaj Chaudhary

    Current Head: Finance Minister Nirmala Sitharaman presented the Union Budget.From Book 1 RATNA, topic 004, point 3

  4. Question 4Answer A

    Consider the statements: 1. Article 113 governs Demands for Grants. 2. Demands for Grants are voted on by the Rajya Sabha. Which is/are correct?

    • Correct answer: Only 1
    • Only 2
    • Both 1 and 2
    • Neither

    Grants: Article 113 governs Demands for Grants, which the Lok Sabha votes on.From Book 1 RATNA, topic 004, point 4

  5. Question 5Answer D

    Which Article defines a Money Bill?

    • Article 107
    • Article 108
    • Article 109
    • Correct answer: Article 110

    Definition: Article 110 defines a Money Bill, which only the Lok Sabha may introduce.From Book 1 RATNA, topic 004, point 5

  6. Question 6Answer D

    Under Article 109, within how many days must the Rajya Sabha return a Money Bill?

    • Seven days
    • Ten days
    • Twenty-one days
    • Correct answer: Fourteen days

    Time Limit: Under Article 109 the Rajya Sabha must return a Money Bill within fourteen days.From Book 1 RATNA, topic 004, point 6

  7. Question 7Answer B

    In which House alone may a Money Bill be introduced?

    • Rajya Sabha
    • Correct answer: Lok Sabha
    • Either House
    • A joint sitting

    Venue: Money Bills are introduced only in the Lok Sabha at Parliament House, New Delhi.From Book 1 RATNA, topic 004, point 8

  8. Question 8Answer A

    On what date did these Part V provisions take effect with the Constitution?

    • Correct answer: 26 January 1950
    • 15 August 1947
    • 26 November 1949
    • 1 April 1950

    Founded: These provisions in Part V took effect with the Constitution on 26 January 1950.From Book 1 RATNA, topic 004, point 9

  9. Question 9Answer C

    In K. S. Puttaswamy v Union of India (2018), by what majority did the Supreme Court uphold the Aadhaar Act as a Money Bill?

    • 3:2
    • 5:0
    • Correct answer: 4:1
    • 6:1

    Landmark: K. S. Puttaswamy v Union of India (2018): the Supreme Court upheld the Aadhaar Act as a Money Bill by a 4:1 majority.From Book 1 RATNA, topic 004, point 10

  10. Question 10Answer C

    Consider the statements: 1. Article 110(1) lists the matters a Money Bill may contain. 2. Article 110(3) makes the Speaker's decision on its character final. Which is/are correct?

    • Only 1
    • Only 2
    • Correct answer: Both 1 and 2
    • Neither

    Articles: Article 110(1) lists the matters a Money Bill may contain; Article 110(3) makes the Speaker's decision on its character final.From Book 1 RATNA, topic 004, point 11

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