WBCS.LIVE practice question
Money Bill is given under which Article of the Constitution of India?
Solve this multiple-choice question and check the correct answer with its explanation below.
Answer options
Correct answer and explanation
Correct answer: Article 110
Explanation: The correct answer is A. Article 110. Article 110 of the Indian Constitution defines what constitutes a Money Bill. A bill is considered a Money Bill if it deals with matters like taxation, borrowing of money by the government, or expenditure from the Consolidated Fund of India. Only the Lok Sabha can introduce a Money Bill, and the final decision on whether a bill is a Money Bill lies with the Speaker of the Lok Sabha. The Rajya Sabha can only make recommendations, which the Lok Sabha may accept or reject. This special procedure gives the Lok Sabha greater financial control.