sid-th26/mains_question · Datasets at Hugging Face

What is meant by public debt? Highlight the objectives of public debt management. Explain why it is considered prudent to disaggregate debt management from monetary policy and take it out of the realm of central bank.(200 words/10 marks)

.

##Question:What is meant by public debt? Highlight the objectives of public debt management. Explain why it is considered prudent to disaggregate debt management from monetary policy and take it out of the realm of central bank.(200 words/10 marks)##Answer:.

18,295

What are the instruments of monetary policy of RBI? How does RBI stabilize money supply against exogenous shocks? Examine. (200 words)

.

##Question:What are the instruments of monetary policy of RBI? How does RBI stabilize money supply against exogenous shocks? Examine. (200 words)##Answer:.

18,296

What is the purpose of setting up a Monetary policy committee (MPC)? What are its objectives? What is its present composition? Discuss. (150 words/10 marks)

.

##Question:What is the purpose of setting up a Monetary policy committee (MPC)? What are its objectives? What is its present composition? Discuss. (150 words/10 marks)##Answer:.

18,297

Highlight the differences in the approach of Subhash Chandra Bose and Mahatma Gandhi in the struggle for freedom. (200 words)

.

##Question:Highlight the differences in the approach of Subhash Chandra Bose and Mahatma Gandhi in the struggle for freedom. (200 words)##Answer:.

18,298

The role of Netaji S.C. Bose and Indian National Army was remarkable in Indian freedom struggle. Discuss the contribution made by Netaji S.C. Bose and Indian National Army. Also examine their roles in various movements. (200 words)

.

##Question:The role of Netaji S.C. Bose and Indian National Army was remarkable in Indian freedom struggle. Discuss the contribution made by Netaji S.C. Bose and Indian National Army. Also examine their roles in various movements. (200 words)##Answer:.

18,299

Analyze the nature and outcome of peasant movements during Indian freedom struggle. (200 words)

.

##Question:Analyze the nature and outcome of peasant movements during Indian freedom struggle. (200 words)##Answer:.

18,300

Both Ambedkar and Periyar saw the emancipation of the socially oppressed in abolishing the Hindu religion itself. Examining the contribution of these two figures in the struggle against the caste system . (200 words)

.

##Question:Both Ambedkar and Periyar saw the emancipation of the socially oppressed in abolishing the Hindu religion itself. Examining the contribution of these two figures in the struggle against the caste system . (200 words)##Answer:.

18,301

“There is a constant and continuous collision between bureaucratic values and democratic values which adversely affects development.” In the light of this statement examine the relationship between democracy and bureaucracy. Suggest, how they supplement and supplant each other? (200 word)

.

##Question:“There is a constant and continuous collision between bureaucratic values and democratic values which adversely affects development.” In the light of this statement examine the relationship between democracy and bureaucracy. Suggest, how they supplement and supplant each other? (200 word) ##Answer:.

18,302

Explain the interface between ‘political culture and bureaucratic culture’ in contemporary India. How does democracy strengthen the bureaucracy? Discuss with examples. (200 word)

.

##Question:Explain the interface between ‘political culture and bureaucratic culture’ in contemporary India. How does democracy strengthen the bureaucracy? Discuss with examples. (200 word) ##Answer:.

18,303

What is representative bureaucracy? Is Indian bureaucracy reflects the true character of representative bureaucracy? If not, suggest the way forward. (200 words)

.

##Question:What is representative bureaucracy? Is Indian bureaucracy reflects the true character of representative bureaucracy? If not, suggest the way forward. (200 words)##Answer:.

18,304

Civil services are changed from opaqueness to openness. Mention the advantage of this shift from traditional to participative bureaucracy. (100 words)

.

##Question:Civil services are changed from opaqueness to openness. Mention the advantage of this shift from traditional to participative bureaucracy. (100 words)##Answer:.

18,305

Explain how Rajya Sabha is a second chamber not a secondary chamber in the federal set up of Indian Parliamentary System. Do you think that Rajya Sabha has failed to emerge as a true federal chamber? [200 Words]

.

##Question:Explain how Rajya Sabha is a second chamber not a secondary chamber in the federal set up of Indian Parliamentary System. Do you think that Rajya Sabha has failed to emerge as a true federal chamber? [200 Words]##Answer:.

18,306

Rajya Sabha has both Federal and Non-federal features. Elaborate

,

##Question:Rajya Sabha has both Federal and Non-federal features. Elaborate##Answer:,

18,307

What do you understand by anti-defection law? Briefly discuss the features of anti-defection law under the tenth schedule of the Indian Constitution. [200 Words/10 marks]

,

##Question:What do you understand by anti-defection law? Briefly discuss the features of anti-defection law under the tenth schedule of the Indian Constitution. [200 Words/10 marks]##Answer:,

18,308

Write a short note on office of profit.

,

##Question:Write a short note on office of profit.##Answer:,

18,309

Write a short note on exceptions to Anti-Defection Law. (75 words)

,

##Question:Write a short note on exceptions to Anti-Defection Law. (75 words)##Answer:,

18,310

What do you understand by monetary policy? Briefly discuss the instruments of monetary control in India.

,

##Question:What do you understand by monetary policy? Briefly discuss the instruments of monetary control in India. ##Answer:,

18,311

Differentiate between schedule commercial banks and non-schedule commercial banks.(150 words)

,

##Question:Differentiate between schedule commercial banks and non-schedule commercial banks.(150 words)##Answer:,

18,312

What do you understand by nationalisation of banks? Highlight the objectives behind the nationalisation of banks in India. What are the effects of nationalisation of banks in India?

,

##Question:What do you understand by nationalisation of banks? Highlight the objectives behind the nationalisation of banks in India. What are the effects of nationalisation of banks in India?##Answer:,

18,313

What do you understand by Bankruptcy and Insolvency? Why is the Insolvency and Bankruptcy code 2016 needed in India? How significant the code is to tackle the bad debts in India? [250 Words]

,

##Question:What do you understand by Bankruptcy and Insolvency? Why is the Insolvency and Bankruptcy code 2016 needed in India? How significant the code is to tackle the bad debts in India? [250 Words]##Answer:,

18,314

Write a short note on Cut Motions

.

##Question:Write a short note on Cut Motions##Answer:.

18,315

Differentiate between Contractionary and Expansionary fiscal policy. (100 Words//5 Marks)

.

##Question:Differentiate between Contractionary and Expansionary fiscal policy. (100 Words//5 Marks)##Answer:.

18,316

What do you understand by deficit financing? Discuss its relevance for the Indian economy.

.

##Question:What do you understand by deficit financing? Discuss its relevance for the Indian economy.##Answer:.

18,317

Discuss the different types of deficits used in Indian fiscal policy.

.

##Question:Discuss the different types of deficits used in Indian fiscal policy.##Answer:.

18,318

Discuss the recommendations of the 14th finance commission of India regarding the vertical and horizontal devolution of funds to states. (150 Words/10marks)

.

##Question:Discuss the recommendations of the 14th finance commission of India regarding the vertical and horizontal devolution of funds to states. (150 Words/10marks)##Answer:.

18,319

Differentiate between Basel II and Basel III norms.

.

##Question:Differentiate between Basel II and Basel III norms. ##Answer:.

18,320

The goods and services tax has been in news recently. What do you understand by it? Do you think it will be beneficial for the economy? Give your arguments.

,

##Question:The goods and services tax has been in news recently. What do you understand by it? Do you think it will be beneficial for the economy? Give your arguments.##Answer:,

18,321

Write short note on - (150 words) Specific tax. ad valorem tax. Give examples.

,

##Question:Write short note on - (150 words) Specific tax. ad valorem tax. Give examples.##Answer:,

18,322

Keeping in mind the recommendations of major committees in the past, suggest taxation reforms that would promote the tax collection for the Indian exchequer.

,

##Question:Keeping in mind the recommendations of major committees in the past, suggest taxation reforms that would promote the tax collection for the Indian exchequer.##Answer:,

18,323

Discuss the different ways to control inflation. Do you agree that India faces structural inflation?

,

##Question:Discuss the different ways to control inflation. Do you agree that India faces structural inflation? ##Answer:,

18,324

What are ways and means advances? Discuss its role in the fiscal policies of the country. (150 words/10 marks)

,

##Question:What are ways and means advances? Discuss its role in the fiscal policies of the country. (150 words/10 marks)##Answer:,

18,325

What do you understand by Stagflation? (150 Words/10 Marks)

,

##Question:What do you understand by Stagflation? (150 Words/10 Marks)##Answer:,

18,326

Discuss the evolution of local self govt. Briefly mention the recommendations of Balwant Rai Mehta committee.

,

##Question:Discuss the evolution of local self govt. Briefly mention the recommendations of Balwant Rai Mehta committee. ##Answer:,

18,327

Community Development Programmes had all the features to solve the problems of underdevelopment and poverty but it failed. Discuss.(200 words)

,

##Question:Community Development Programmes had all the features to solve the problems of underdevelopment and poverty but it failed. Discuss.(200 words)##Answer:,

18,328

Discuss the different phases of working of local self-governments post-independence India.

,

##Question:Discuss the different phases of working of local self-governments post-independence India.##Answer:,

18,329

73rd amendment was a necessary but not a sufficient condition for rural development. Elaborate.

,

##Question:73rd amendment was a necessary but not a sufficient condition for rural development. Elaborate. ##Answer:,

18,330

Discuss the mandatory provisions of the 73rd constitutional amendment act.(200 words)

,

##Question:Discuss the mandatory provisions of the 73rd constitutional amendment act.(200 words)##Answer:,

18,331

Briefly explain how the 73rd and 74th amendment act helped to achieve participative democracy.

,

##Question:Briefly explain how the 73rd and 74th amendment act helped to achieve participative democracy.##Answer:,

18,332

Constitution is the fundamental and organic law of the nation that establishes the conception, characters and organisation of the government. Elaborate.

.

##Question:Constitution is the fundamental and organic law of the nation that establishes the conception, characters and organisation of the government. Elaborate.##Answer:.

18,333

Constitution has a special legal sanctity. Discuss.(100 words)

.

##Question:Constitution has a special legal sanctity. Discuss.(100 words)##Answer:.

18,334

Explain the terms mentioned below. (a) Members of Parliament( 50 words) (b) Members of Legislative Assembly(50 words) (c) Difference between Executive and Legislature(50 words)

.

##Question:Explain the terms mentioned below. (a) Members of Parliament( 50 words) (b) Members of Legislative Assembly(50 words) (c) Difference between Executive and Legislature(50 words)##Answer:.

18,335

Why special arrangements are made for tribal areas? Briefly discuss the features of administration contained in the Sixth scheduled areas.

,

##Question:Why special arrangements are made for tribal areas? Briefly discuss the features of administration contained in the Sixth scheduled areas.##Answer:,

18,336

Differentiate between the Municipal Council and Municipal Corporation. (150 words/10 marks)

,

##Question:Differentiate between the Municipal Council and Municipal Corporation. (150 words/10 marks)##Answer:,

18,337

What is scheduled area? Discuss the administration of the fifth scheduled area.

,

##Question:What is scheduled area? Discuss the administration of the fifth scheduled area.##Answer:,

18,338

Indian Constitution is often described as a bag of borrowings. Discuss

.

##Question:Indian Constitution is often described as a bag of borrowings. Discuss##Answer:.

18,339

Write short note on:(a) Special Majority(b) Objective Resolution

.

##Question:Write short note on:(a) Special Majority(b) Objective Resolution ##Answer:.

18,340

Why the Constitution of India is the lengthiest constitution in the World?

.

##Question:Why the Constitution of India is the lengthiest constitution in the World? ##Answer:.

18,341

Differentiate between written constitution and unwritten constitution.

.

##Question:Differentiate between written constitution and unwritten constitution.##Answer:.

18,342

Discuss the consequences of inflation in the economy. Is the inflation desirable in the economy? (150 words, 10 marks)

,

##Question:Discuss the consequences of inflation in the economy. Is the inflation desirable in the economy? (150 words, 10 marks)##Answer:,

18,343

To what extent Indian Constitution is considered as Federal in nature? Analyse. [200 Words]

,

##Question:To what extent Indian Constitution is considered as Federal in nature? Analyse. [200 Words]##Answer:,

18,344

Differentiate between Parliamentary System and Presidential System.

,

##Question:Differentiate between Parliamentary System and Presidential System.##Answer:,

18,345

What is the meaning of Parliamentary form of government? Don’t you think Presidential form of government is more effective in India? Discuss.

,

##Question:What is the meaning of Parliamentary form of government? Don’t you think Presidential form of government is more effective in India? Discuss.##Answer:,

18,346

Mention the fiscal policy measures to control inflation.

,

##Question:Mention the fiscal policy measures to control inflation.##Answer:,

18,347

Briefly discuss the indexes to measure inflation.

,

##Question:Briefly discuss the indexes to measure inflation.##Answer:,

18,348

What are Participatory Notes (P-Notes)? What are the effects of P-Notes on Indian economy? Briefly mention the steps taken to regulate P-Notes.

,

##Question:What are Participatory Notes (P-Notes)? What are the effects of P-Notes on Indian economy? Briefly mention the steps taken to regulate P-Notes.##Answer:,

18,349

Explain rolling settlement and how does it help in improving financial market.

,

##Question:Explain rolling settlement and how does it help in improving financial market.##Answer:,

18,350

What are derivatives? Differentiate between futures and forwards. (150 words/ 10 Marks)

,

##Question:What are derivatives? Differentiate between futures and forwards. (150 words/ 10 Marks)##Answer:,

18,351

Differentiate between GDP and GNP. Substantiate your answer with relevant examples. Give a brief account on the new methodology to calculate GDP in India. How is it different from the old method?

.

##Question:Differentiate between GDP and GNP. Substantiate your answer with relevant examples. Give a brief account on the new methodology to calculate GDP in India. How is it different from the old method?##Answer:.

18,352

Write a short note on GDP at Purchasing Power Parity.

,

##Question:Write a short note on GDP at Purchasing Power Parity.##Answer:,

18,353

What is first part the post system? Critically analyse the system.

,

##Question:What is first part the post system? Critically analyse the system.##Answer:,

18,354

Discuss the composition and functions of Election Commission of India.

,

##Question:Discuss the composition and functions of Election Commission of India.##Answer:,

18,355

Briefly discuss the different electoral system of the world.

,

##Question:Briefly discuss the different electoral system of the world.##Answer:,

18,356

“GDP growth alone will not bring holistic betterment in living standards of a country and won’t effectively help reduce poverty in the country”. Do you agree with the above statement? Give arguments to justify your opinion.

,

##Question:“GDP growth alone will not bring holistic betterment in living standards of a country and won’t effectively help reduce poverty in the country”. Do you agree with the above statement? Give arguments to justify your opinion. ##Answer:,

18,357

Write short note on Incremental Capital Output Ratio Net Demand and Time Liabilities Public Debt Management Cell

,

##Question: Write short note on Incremental Capital Output Ratio Net Demand and Time Liabilities Public Debt Management Cell ##Answer:,

18,358

Discuss the functions of Reserve Bank of India.

,

##Question:Discuss the functions of Reserve Bank of India.##Answer:,

18,359

Election Commission of India forms an integral part of the elections in the country. Elaborate.

,

##Question:Election Commission of India forms an integral part of the elections in the country. Elaborate.##Answer:,

18,360

Is Election Commission of India an independent body? Comment.(150 words)

,

##Question:Is Election Commission of India an independent body? Comment.(150 words)##Answer:,

18,361

Electoral laws in India have changed with the demands of the society. Discuss.

,

##Question:Electoral laws in India have changed with the demands of the society. Discuss.##Answer:,

18,362

What are Open Market Operations? How do Open Market Operations affect Indian economy?

,

##Question:What are Open Market Operations? How do Open Market Operations affect Indian economy?##Answer:,

18,363

Discuss the composition and functions of Monetary Policy Committee.(150 words, 10 marks)

,

##Question:Discuss the composition and functions of Monetary Policy Committee.(150 words, 10 marks)##Answer:,

18,364

Discuss the Qualitative measures of credit control.

,

##Question:Discuss the Qualitative measures of credit control.##Answer:,

18,365

Criminalization of politics is the most critical flaw which is ruining all beauty of the system. What are the reasons behind Criminalization of politics in India? Mention the measures taken to decriminalize. Discuss what more needs to be done?

.

##Question:Criminalization of politics is the most critical flaw which is ruining all beauty of the system. What are the reasons behind Criminalization of politics in India? Mention the measures taken to decriminalize. Discuss what more needs to be done?##Answer:.

18,366

What is right to recall? Discuss its benefits and disadvantages. Can it be implemented in India in Lok Sabha election? ( 150 words | 10 marks )

.

##Question:What is right to recall? Discuss its benefits and disadvantages. Can it be implemented in India in Lok Sabha election? ( 150 words | 10 marks )##Answer:.

18,367

Mention the criteria to be recognised a national and state party. Discuss the benefits of recognised political party.

.

##Question:Mention the criteria to be recognised a national and state party. Discuss the benefits of recognised political party.##Answer:.

18,368

Both Payment Banks and Small Banks have the common objective of furthering financial inclusion and these banks are necessary for bringing unbanked to the institutional finance fold. Do you agree with this? Give arguments to justify your opinion. (150 words/10 marks)

Approach: Introduce the answer by defining Financial Inclusion. Explain the concept of Payment and Small Finance Banks. Discuss how Payment and small finance Banks can help in financial inclusion. Conclude accordingly. Answer: Financial Inclusion is defined as the availability and equality of opportunities to access financial services. Due to the non-availability of banking services in rural areas and also to the urban poor, a large section of the population is not able to come out of poverty. Govt. has recently taken many steps for increasing financial inclusion in the country. Among which Payment Banks and Small Finance banks, as recommended by Nachiket Mor and Usha Thorat committee respectively can increase the number of population availing of banking services. Payment banks are a new model of banks conceptualized by the Reserve Bank of India (RBI). These banks can accept a restricted deposit, of ₹100,000 per person. These banks cannot issue loans and credit cards. Both the current accounts and savings accounts can be operated by such banks. Payments banks can issue services like ATM cards, debit cards, net banking, and mobile banking. Small finance bank (SFB) provides basic banking service of acceptance of deposits and supply of credit to small business units, small and marginal farmers, micro and small industries, and other unorganized sector entities through high technology-low cost operation lending and there is no restriction on the area of operations. It can also sell forex to customers, Sell mutual funds, insurance, and pensions. SFB can convert into a full-fledged bank. Both these banks help in Financial Inclusion in the following manner- These banks have the potential to function almost like a commercial banks but at a much smaller operating cost. Hence they will be able to do business in rural areas also. They help in the branch expansion campaign of the Indian Banking system. More Physical branches mean more accessibility of financial services to the people. They provide small savings accounts and payments/remittance services to the migrant labor force which were also excluded from the financial services provided by the banks due to their very low-income base and nature of their job. Low income households, other unorganized sector entities, and other users will be catered to by these banks and will reduce the number of financially excluded people. They can play the role of mobilizer of awareness regarding financial inclusion and help to link the rural economy with the formal financial sector. Small finance banks addressing the financial services requirements of SMEs clearly serve a much larger base of consumers. SFB serve small tickets size product and services to the lower segment of the society or micro and small enterprise which have been traditionally untouched by the big banks while providing a decent interest rate to interest-sensitive investors. The current requirement of the Indian economy is awareness, affordable, accessible, and accountable financial services, and SFB and payment banks can assist to build a sturdy and financially inclusive economy in India.

##Question:Both Payment Banks and Small Banks have the common objective of furthering financial inclusion and these banks are necessary for bringing unbanked to the institutional finance fold. Do you agree with this? Give arguments to justify your opinion. (150 words/10 marks)##Answer:Approach: Introduce the answer by defining Financial Inclusion. Explain the concept of Payment and Small Finance Banks. Discuss how Payment and small finance Banks can help in financial inclusion. Conclude accordingly. Answer: Financial Inclusion is defined as the availability and equality of opportunities to access financial services. Due to the non-availability of banking services in rural areas and also to the urban poor, a large section of the population is not able to come out of poverty. Govt. has recently taken many steps for increasing financial inclusion in the country. Among which Payment Banks and Small Finance banks, as recommended by Nachiket Mor and Usha Thorat committee respectively can increase the number of population availing of banking services. Payment banks are a new model of banks conceptualized by the Reserve Bank of India (RBI). These banks can accept a restricted deposit, of ₹100,000 per person. These banks cannot issue loans and credit cards. Both the current accounts and savings accounts can be operated by such banks. Payments banks can issue services like ATM cards, debit cards, net banking, and mobile banking. Small finance bank (SFB) provides basic banking service of acceptance of deposits and supply of credit to small business units, small and marginal farmers, micro and small industries, and other unorganized sector entities through high technology-low cost operation lending and there is no restriction on the area of operations. It can also sell forex to customers, Sell mutual funds, insurance, and pensions. SFB can convert into a full-fledged bank. Both these banks help in Financial Inclusion in the following manner- These banks have the potential to function almost like a commercial banks but at a much smaller operating cost. Hence they will be able to do business in rural areas also. They help in the branch expansion campaign of the Indian Banking system. More Physical branches mean more accessibility of financial services to the people. They provide small savings accounts and payments/remittance services to the migrant labor force which were also excluded from the financial services provided by the banks due to their very low-income base and nature of their job. Low income households, other unorganized sector entities, and other users will be catered to by these banks and will reduce the number of financially excluded people. They can play the role of mobilizer of awareness regarding financial inclusion and help to link the rural economy with the formal financial sector. Small finance banks addressing the financial services requirements of SMEs clearly serve a much larger base of consumers. SFB serve small tickets size product and services to the lower segment of the society or micro and small enterprise which have been traditionally untouched by the big banks while providing a decent interest rate to interest-sensitive investors. The current requirement of the Indian economy is awareness, affordable, accessible, and accountable financial services, and SFB and payment banks can assist to build a sturdy and financially inclusive economy in India.

18,369

Why in your opinion SBI considered merging with its subsidiaries? Analyze its potential advantages and drawbacks.

,

##Question:Why in your opinion SBI considered merging with its subsidiaries? Analyze its potential advantages and drawbacks.##Answer:,

18,370

Discuss the causes of nationalisation of banks in India.

,

##Question:Discuss the causes of nationalisation of banks in India.##Answer:,

18,371

Write short note on SARFAESI Act 2002.

,

##Question:Write short note on SARFAESI Act 2002.##Answer:,

18,372

What was the concept behind establishing a territory, distinct from the state? Discuss the difference between States and Union Territories.

.

##Question:What was the concept behind establishing a territory, distinct from the state? Discuss the difference between States and Union Territories.##Answer:.

18,373

Discuss the different ways to acquire Indian Citizenship. (150 words/ 10 marks)

.

##Question:Discuss the different ways to acquire Indian Citizenship. (150 words/ 10 marks)##Answer:.

18,374

Parliament can redraw the political map of India according to its will. Comment.

.

##Question:Parliament can redraw the political map of India according to its will. Comment.##Answer:.

18,375

How does the Insolvency and Bankruptcy Code, 2016 work in India? Do you think this code is flawed?

.

##Question:How does the Insolvency and Bankruptcy Code, 2016 work in India? Do you think this code is flawed?##Answer:.

18,376

What are Domestic Systemically Important Banks? Examine the importance of Systemically important banks in an economy.

.

##Question:What are Domestic Systemically Important Banks? Examine the importance of Systemically important banks in an economy.##Answer:.

18,377

Write down about budget formation process in parliament.

.

##Question:Write down about budget formation process in parliament.##Answer:.

18,378

Write Short note on (75 words each) (a) Basel III (b)Leverage Ratio

.

##Question:Write Short note on (75 words each) (a) Basel III (b)Leverage Ratio##Answer:.

18,379

Briefly explain the procedure to pass a Money Bill in Parliament. Differentiate between the Financial Bill Category-I and Category-II.(150 words/10 Marks)

Approach Introduction : Give the brief intro about Money Bill and Financial Bill Main Body Part : Discuss the procedure to pass a Money Bill in Parliament. Differentiate between the Financial Bill Category-I and Category-II. Conclusion: Conclude accordingly Answer: A Bill is said to be a Money Bill if it only contains provisions related to taxation, borrowing of money by the government, expenditure from or receipt to the Consolidated Fund of India. Bills that only contain provisions that are incidental to these matters would also be regarded as Money Bills. A Finance Bill is a Bill that, as the name suggests, concerns the country’s finances — it could be about taxes, government expenditures, government borrowings, revenues, etc. Since the Union Budget deals with these things, it is passed as a Finance Bill. The procedure to pass a Money Bill in Parliament is following: Unlike Ordinary Bill, Money bill is introduced only in Lok Sabha on the recommendation of President which is a must. The bill moved on the recommendation of the President and introduced in the Lok Sabha is termed as a government bill. After Lok Sabha passes the bill, it is moved to Rajya Sabha which has only restricted powers. It cannot reject or amend the bill. Rajya Sabha has to return the bill within 14 days with or without recommendations of the amendments, If it does not return the bill within the prescribed days, the bill is deemed to have been passed Lok Sabha may or may not accept the amendments. After passing through both the houses, the President’s assent is required. He can take two actions- Give assent or Withhold assent. After President’s assent, the bill becomes the act and is published in the Indian Statute Book. Financial Bills are dealt with under Articles 117 (1) and Article 117 (3.) Though Money Bill is a species of financial bill, however, not all financial bills are money bills. These bills are categorized as: Financial Bills (I)- Article 117 (1) Financial Bills (II)- Article 117 (3) Differences between Financial Bills (I) and Financial Bills (II): Financial Bill-I Financial Bill-II It is defined as a bill that contains matters not only related to Article 110 (Money Bill) but also other matters of finances. It is defined as a bill that solely deals with provisions involving expenditure from the Consolidated Fund of India and does not include any matter of money bill (Article 110.) Its similarity with money bill- It is introduced only in Lok Sabha similar to Money Bill It is treated as an ordinary bill in all respects unlike Financial Bill (I) It is introduced only on the recommendation of President Special Feature- It cannot be passed by either house of the Parliament unless the President has recommended them for consideration of the bill The Finance Bill forms a part of the Union Budget, with details about all the legal amendments required for the changes in taxation proposed by the Finance Minister of the country. Money bills are concerned with financial matters like taxation, public expenditure, etc.

##Question:Briefly explain the procedure to pass a Money Bill in Parliament. Differentiate between the Financial Bill Category-I and Category-II.(150 words/10 Marks)##Answer:Approach Introduction : Give the brief intro about Money Bill and Financial Bill Main Body Part : Discuss the procedure to pass a Money Bill in Parliament. Differentiate between the Financial Bill Category-I and Category-II. Conclusion: Conclude accordingly Answer: A Bill is said to be a Money Bill if it only contains provisions related to taxation, borrowing of money by the government, expenditure from or receipt to the Consolidated Fund of India. Bills that only contain provisions that are incidental to these matters would also be regarded as Money Bills. A Finance Bill is a Bill that, as the name suggests, concerns the country’s finances — it could be about taxes, government expenditures, government borrowings, revenues, etc. Since the Union Budget deals with these things, it is passed as a Finance Bill. The procedure to pass a Money Bill in Parliament is following: Unlike Ordinary Bill, Money bill is introduced only in Lok Sabha on the recommendation of President which is a must. The bill moved on the recommendation of the President and introduced in the Lok Sabha is termed as a government bill. After Lok Sabha passes the bill, it is moved to Rajya Sabha which has only restricted powers. It cannot reject or amend the bill. Rajya Sabha has to return the bill within 14 days with or without recommendations of the amendments, If it does not return the bill within the prescribed days, the bill is deemed to have been passed Lok Sabha may or may not accept the amendments. After passing through both the houses, the President’s assent is required. He can take two actions- Give assent or Withhold assent. After President’s assent, the bill becomes the act and is published in the Indian Statute Book. Financial Bills are dealt with under Articles 117 (1) and Article 117 (3.) Though Money Bill is a species of financial bill, however, not all financial bills are money bills. These bills are categorized as: Financial Bills (I)- Article 117 (1) Financial Bills (II)- Article 117 (3) Differences between Financial Bills (I) and Financial Bills (II): Financial Bill-I Financial Bill-II It is defined as a bill that contains matters not only related to Article 110 (Money Bill) but also other matters of finances. It is defined as a bill that solely deals with provisions involving expenditure from the Consolidated Fund of India and does not include any matter of money bill (Article 110.) Its similarity with money bill- It is introduced only in Lok Sabha similar to Money Bill It is treated as an ordinary bill in all respects unlike Financial Bill (I) It is introduced only on the recommendation of President Special Feature- It cannot be passed by either house of the Parliament unless the President has recommended them for consideration of the bill The Finance Bill forms a part of the Union Budget, with details about all the legal amendments required for the changes in taxation proposed by the Finance Minister of the country. Money bills are concerned with financial matters like taxation, public expenditure, etc.

18,380

Discuss the three kinds of funds provided by the constitution for the Central government.

.

##Question:Discuss the three kinds of funds provided by the constitution for the Central government.##Answer:.

18,381

Discuss the ways of losing the citizenship of India. (150 words/ 10 marks)

.

##Question:Discuss the ways of losing the citizenship of India. (150 words/ 10 marks)##Answer:.

18,382

India is a federal state with unitary bias. Analyse. (200 words)

.

##Question:India is a federal state with unitary bias. Analyse. (200 words)##Answer:.

18,383

Enumerate the special cases with respect to Indian Constitution where Centre has powers to make law on state subjects. (150 words)

.

##Question:Enumerate the special cases with respect to Indian Constitution where Centre has powers to make law on state subjects. (150 words)##Answer:.

18,385

Write a short note on the following? (150 words/10 Marks) Principle of checks and balances Separation of power

.

##Question:Write a short note on the following? (150 words/10 Marks) Principle of checks and balances Separation of power ##Answer:.

18,386

Write a short note on the following (150 words/10 marks) 1. Vote on Account 2. Interim budget

.

##Question:Write a short note on the following (150 words/10 marks) 1. Vote on Account 2. Interim budget##Answer:.

18,388

Discuss the sovereignty of India in context of era of globalisation. (200 words)

,

##Question:Discuss the sovereignty of India in context of era of globalisation. (200 words)##Answer:,

18,389

Preamble is the mirror of India’s constitution’. Discuss. (150 words)

,

##Question:Preamble is the mirror of India’s constitution’. Discuss. (150 words)##Answer:,

18,390

‘Preamble reflects ideals and aspirations of the people of India’. Discuss. (150 Words/10 Marks)

,

##Question:‘Preamble reflects ideals and aspirations of the people of India’. Discuss. (150 Words/10 Marks)##Answer:,

18,391

Examine in the light of recent events the importance of public interest litigation in strengthening democratic ideals of our nation. [150 Words, 10 marks]

.

##Question:Examine in the light of recent events the importance of public interest litigation in strengthening democratic ideals of our nation. [150 Words, 10 marks]##Answer:.

18,392

Write down the criticisms of Contempt of Court

.

##Question:Write down the criticisms of Contempt of Court##Answer:.

18,393

What is PIL? It is an instrument which has helped to bring justice closer to weaker sections of the country. Discuss.

.

##Question:What is PIL? It is an instrument which has helped to bring justice closer to weaker sections of the country. Discuss.##Answer:.

18,394

Discuss each adjective attached to the word ‘Republic’ in the ‘Preamble’. Are they defendable in the present circumstances? (200 words)

,

##Question:Discuss each adjective attached to the word ‘Republic’ in the ‘Preamble’. Are they defendable in the present circumstances? (200 words)##Answer:,

18,395

Compare and contrast the Fundamental rights and legal rights.(200 words)

,

##Question:Compare and contrast the Fundamental rights and legal rights.(200 words)##Answer:,

18,396