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What is the democratic importance of Parliament’s financial control?

Answer and explanation

Correct answer: Government spends public money with Parliament’s approval

Correct answer: A. The government collects and spends public money, so democratic control requires it to obtain parliamentary approval for taxation and expenditure. The Union Budget presents the government’s expected receipts and proposed spending. Parliament debates these proposals, votes on demands for grants and authorises withdrawals from the Consolidated Fund through the required financial legislation. Parliamentary committees and later discussion also help examine whether money was used for the approved purposes. A is correct because elected representatives supervise the use of public money on behalf of citizens. B is wrong because accountability is the opposite of spending without explanation. C is wrong because the executive presents the Budget; courts do not make it. D is wrong because Rajya Sabha does not always stop the Budget, and Money Bills have a special procedure in which Lok Sabha has the decisive role. Memory cue: public money needs public representatives’ approval and scrutiny.

Related tags

Financial ControlBudgetPublic MoneyAccountabilityParliament (Lok Sabha And Rajya Sabha Powers)Parliament Lok Sabha And Rajya Sabha PowersWorking Of InstitutionsCivics

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