By which Bill does the Government propose collection of

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By which Bill does the Government propose collection of revenues for a year?

1. Economic Bill
2. Finance Bill
3. Supplementary Bill
4. None of the above

Correct Option: B

Finance Bill means a Bill ordinarily introduced every year to give effect to the financial proposals of the Government of India for the next following financial year and includes a Bill to give effect to supplementary financial proposals for any period. The Finance Bill is introduced immediately after the presentation of the Budget. The introduction of the Bill cannot be opposed.