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June 5, 2021 - Daily Quiz
1. Which of the following statements is/are incorrect?
- The territorial jurisdiction of India extends to territorial water up to 12 nautical miles from the nearest point of the baseline.
- Beyond territorial waters is the Contiguous Zone extending up to 24 nautical miles and beyond that up to 200 nautical miles is the Exclusive Economic Zone of India.
- A Financial Bill is a money bill that allows the government to withdraw funds from the Consolidated Fund of India to meet its expenses during the course of a financial year.
- As per Article 114 of the Constitution, the government can withdraw money from it only after receiving approval from Parliament.