Consider the following statements regarding the Appropriation Bill in the Indian Parliament:
1. No money can be withdrawn from the Consolidated Fund of India except under appropriation made by law.
2. Every Appropriation Bill introduced in the Lok Sabha is constitutionally classified as a Money Bill.
Which of the statements given above is/are correct?

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Accepted Answer

Under Article 114 of the Constitution, no money can be withdrawn from the Consolidated Fund of India except under appropriation made by law (the Appropriation Bill). Furthermore, every Appropriation Bill is classified as a Money Bill under the Indian Constitution.

Answer

Answer