With reference to the Appropriation Bill in India, consider the following statements:
1. It is introduced under Article 114 of the Constitution to authorize withdrawal of funds from the Consolidated Fund of India.
2. Every Appropriation Bill is essentially classified as a Money Bill.
Which of the statements given above is/are correct?

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Accepted Answer

An Appropriation Bill is introduced under Article 114 of the Constitution of India to authorize the government to withdraw funds from the Consolidated Fund of India. Since it deals with the withdrawal of money from the Consolidated Fund, every Appropriation Bill is classified as a Money Bill.

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