Under Article 114(3), money can be withdrawn from the Consolidated Fund of India only under what?
Answer and explanation
Correct answer: A. An Appropriation Act
- Step 1: Article 114 of the Constitution is headed 'Appropriation Bills'. Answer: An Appropriation Act. It says that, after grants are made by the House of the People, a Bill is introduced to provide for the appropriation out of the Consolidated Fund of India of all moneys required to meet those grants, and no money is withdrawn except under an appropriation made by law passed under that article. Why not the others: The Finance Act, the Contingency Act and the FRBM Act are not the appropriation law Article 114 describes.
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