economics hard MCQ

In the context of the Indian Parliamentary budget process, what does the term 'Guillotine' refer to?

  1. The complete rejection of the Finance Bill by the Rajya Sabha
  2. The mandatory cut in defense spending during fiscal emergencies
  3. The process where all undiscussed demands for grants are put to a vote simultaneously and passed
  4. The President's power to veto specific financial allocations

Answer: The process where all undiscussed demands for grants are put to a vote simultaneously and passed

Due to severe time constraints in Parliament, it is impossible to debate the budgetary demands of every single ministry. On the last day allocated for discussing demands, the Speaker applies the 'guillotine', meaning all remaining, undiscussed demands (whether the members had time to review them or not) are clubbed together and put to a single, immediate vote.

Topic Indian Economy - Budgeting
Exam Relevance UPSC Prelims, SSC CGL