Indian Polity · Parliament
What happens if the annual Union Budget is not passed by the Lok Sabha?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1The President of India takes over the financial administration
- 2The Budget is automatically referred to the Rajya Sabha
- 3The Budget is modified and re-presented
- 4The Prime Minister submits the resignation of the Council of Ministers✓
Correct answer
The Prime Minister submits the resignation of the Council of Ministers
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