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What is the special feature of financial bill 2?
Finance Bill-II is dealt with by Article 117(3) of the Constitution. Finance Bill-II deals with provisions on expenditure from the Consolidated Fund of India but is not included in Article 110.
How many types of financial bills are there?
What are the different types of Bills? There are four types of Bills, namely (i) Constitution Amendment Bills; (ii) Money Bills; (iii) Financial Bills; and (iv) Ordinary Bills.
What is the difference between money bill and financial bill?
Once a money bill is passed in Lok Sabha, it is sent to Rajya Sabha for consideration and it has to return the bill with or without recommendations to Lok Sabha in 14 days. What is Finance Bill? All the bills, dealing with the provisions of revenue and expenditure are listed as Finance Bills.
How many types of bills are there in Indian Parliament?
four types
There are four types of bills that are introduced in the Indian Parliament for different purposes….Types of Bills in India- Definitions, Differences.
| Types of Bills in India | ||
|---|---|---|
| S.No | Name of the Bill | Significance |
| 4 | Constitutional Amendment Bill (Article 368) | Concerned with the amendment of the provisions of the Constitution. |
What are the 2 types of finances?
There are two types of financing: equity financing and debt financing.
What is financial type?
The finance field includes three main subcategories: personal finance, corporate finance, and public (government) finance. Financial services are the processes by which consumers and businesses acquire financial goods. The financial services sector is a primary driver of a nation’s economy.
What are financial bills?
Definition of finance bill 1 : a bill of exchange drawn usually by one bank on another bank for the purpose of transferring funds as a result of loans or for temporarily procuring money by discounting the bill.
What is Bill type?
Type of bill consists of four digits, the first digit being zero. The second digit identifies the type of facility and the third classifies the type of care being billed. For example, claims with a second digit of “1” are hospital claims, such as 011x or 013x.