Daily Current Affairs Quiz: January 2, 2026

Answer: A [1 and 2 only]
Explanation:

Statement 1 is correct: Adjournment sine die refers to the termination of a sitting of Parliament without fixing a date for the next meeting, and it is declared by the Presiding Officer of the House.

Statement 2 is correct: The Constitution provides that no more than six months shall elapse between the last sitting of one session and the first sitting of the next session of Parliament.

Statement 3 is incorrect: The power to adjourn a sitting of either House lies with the Presiding Officer (Speaker of Lok Sabha or Chairman of Rajya Sabha), not with the President of India.

Answer: C [Only three]
Explanation:

Statement 1 is correct: Parliament is the supreme legislative body of India and is empowered to make, amend, and repeal laws under the Constitution.

Statement 2 is correct: The Parliament of India consists of the President of India, the Rajya Sabha (Council of States), and the Lok Sabha (House of the People) as provided under Article 79 of the Constitution.

Statement 3 is incorrect: Parliament plays a central role in the Union Budget, including discussion, approval of demands for grants, passing of the Finance Bill, and authorization of expenditure from the Consolidated Fund of India.

Statement 4 is correct: Parliament exercises oversight over the executive through mechanisms such as Question Hour, Zero Hour, parliamentary committees, debates, motions, and no-confidence motions.

Answer: B [Only two]
Explanation:

Statement 1 is incorrect: Article 105 mentions parliamentary privileges but does not codify them exhaustively. Most privileges remain uncodified and are based on conventions and precedents.

Statement 2 is incorrect: Parliamentary privileges are subject to judicial review, especially when they violate Fundamental Rights or constitutional provisions (e.g., Supreme Court rulings in privilege cases).

Statement 3 is correct: Parliamentary privileges extend to both Houses of Parliament, their committees, and individual members, enabling them to perform legislative functions freely.

Statement 4 is correct: A breach of parliamentary privilege constitutes contempt of the House, and the concerned House has the power to punish such acts.

Answer: C [The Chairman does not have the power to decide if a bill is a Money Bill.]
Explanation:

While the powers and functions of the Chairman of Rajya Sabha and the Speaker of Lok Sabha are largely similar in their respective Houses, the Speaker has two special powers not enjoyed by the Chairman. One of these is the power to decide whether a bill is a Money Bill or not, and this decision is final. This power is vested exclusively in the Speaker.

Answer: D [3 and 4 only]
Explanation:

Statement 1 is incorrect: Under Article 106 of the Constitution, the salaries and allowances of Members of Parliament are determined by Parliament itself by law, not by the President of India.

Statement 2 is incorrect: There is no minimum qualifying period for an MP to be entitled to a pension. The Salary, Allowances and Pension of Members of Parliament (Amendment) Act, 2010, removed the condition of a minimum term for pension eligibility.

Statement 3 is correct: The salaries and allowances of the Speaker and the Deputy Speaker of the Lok Sabha are governed by a separate Act (Salary and Allowances of Officers of Parliament Act, 1953) and are higher than those of other MPs.

Statement 4 is correct: Parliament possesses the power to determine and revise its members’ salaries and allowances by passing a law, as it has done by amending the Salary, Allowances and Pension of Members of Parliament Act, 1954.