State any two Financial and any two Legislative powers

Union Legislature (10)

The Parliament is the body of people’s representatives who have Supreme power in a democracy. With reference to the Union Legislature answer the following: State any two Financial and any two Legislative powers of the Indian Parliament.

Answer

Financial Powers

  • Passes the Budget of the Union Parliament
  • Determines the Salaries & Allowances of the members of Parliament
  • No taxes can be imposed unless approved by the Parliament
  • Passes the Supplementary grants
  • Vote on account
  • Passes the Money Bill

Legislative Powers

  • Makes laws on subjects in the Union List
  • Makes laws on subjects in the State List (under certain conditions)
  • Makes laws on subjects in the Concurrent list
  • Possesses Residuary power
  • Approves Ordinances.
  • Power during an Emergency
  • Makes amendments to the Constitution
  • Exam Year: 2019