With reference to the financial procedures in the Indian Parliament, consider the following statements:
1. Voting on demands for grants is an exclusive privilege of the Lok Sabha.
2. Exceptional grants are provided for meeting unexpected demands arising out of some indefinite service.
3. Excess grants require approval from the Public Accounts Committee before they are voted on in the Lok Sabha.

Which of the statements given above are correct?

Question

With reference to the financial procedures in the Indian Parliament, consider the following statements:
1. Voting on demands for grants is an exclusive privilege of the Lok Sabha.
2. Exceptional grants are provided for meeting unexpected demands arising out of some indefinite service.
3. Excess grants require approval from the Public Accounts Committee before they are voted on in the Lok Sabha.

Which of the statements given above are correct?

Accepted Answer

Statement 1 is correct because Rajya Sabha does not have the power to vote on demands for grants. Statement 2 is incorrect because exceptional grants are sanctioned for a special purpose and do not form part of the current services of any financial year, whereas unexpected demands are met by a vote of credit. Statement 3 is correct because excess grants must be approved by the Public Accounts Committee of Parliament before being presented for voting in the Lok Sabha.

Answer

Answer