Question Bank - Banking & Financial Services

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With respect to the procedure of Budget in the Parliament, œthe amount of demand be reduced to Re 1 is called

A.
Economy Cut-Motion
B.
Policy Cut-Motion
C.
Basic Cut-Motion
D.
Token Cut-Motion

Solution:

The correct answer is Policy Cut-Motion. With respect to the procedure of Budget in the Parliament, œthe amount of demand be reduced to Re 1 is called Policy Cut-Motion. Policy Cut Motion represents the disapproval of the policy underlying the demand. A member giving notice of such a motion shall indicate in precise terms the particulars of the policy which he proposes to discuss. ?Additional InformationEconomy Cut Motion represents the economy that can be affected. Such specified amount may be either a lump-sum reduction in the demand or omission or reduction of an item in the demand. Token Cut Motion is to ventilate a specific grievance that is within the sphere of the responsibility of the Government of India.

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