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Topic 004 · Polity, Constitution & Governance

Money Bills and the Budget's constitutional articles

10 MCQs · tap an option to check it · All answers

Revise the 12 points first Book 1 RATNA
  1. Core Trigger: The Union Budget 2026-27, presented on 1 February 2026, put the Constitution's budget articles back in focus.
  2. Statement: Article 112 requires the annual financial statement to be laid before Parliament each year.
  3. Current Head: Finance Minister Nirmala Sitharaman presented the Union Budget.
  4. Grants: Article 113 governs Demands for Grants, which the Lok Sabha votes on.
  5. Definition: Article 110 defines a Money Bill, which only the Lok Sabha may introduce.
  6. Time Limit: Under Article 109 the Rajya Sabha must return a Money Bill within fourteen days.
  7. India Link: Money Bill status limits the Rajya Sabha to recommendations, a recurring point of constitutional dispute.
  8. Venue: Money Bills are introduced only in the Lok Sabha at Parliament House, New Delhi.
  9. Founded: These provisions in Part V took effect with the Constitution on 26 January 1950.
  10. 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.
  11. Articles: Article 110(1) lists the matters a Money Bill may contain; Article 110(3) makes the Speaker's decision on its character final.
  12. Doctrine: A Money Bill deals only with Article 110(1) matters; if the Rajya Sabha does not return it within fourteen days, it is deemed passed.
Question 1 of 10

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

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Answer: (C) 1 February 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

Question 2 of 10

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

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Answer: (C) Article 112

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

Question 3 of 10

Who presented the Union Budget 2026-27?

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Answer: (C) Nirmala Sitharaman

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

Question 4 of 10

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?

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Answer: (A) Only 1

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

Question 5 of 10

Which Article defines a Money Bill?

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Answer: (D) Article 110

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

Question 6 of 10

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

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Answer: (D) 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

Question 7 of 10

In which House alone may a Money Bill be introduced?

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Answer: (B) Lok Sabha

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

Question 8 of 10

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

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Answer: (A) 26 January 1950

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

Question 9 of 10

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

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Answer: (C) 4:1

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

Question 10 of 10

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?

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Answer: (C) Both 1 and 2

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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