WBCS.LIVE practice question

Who decides whether a bill is a Money bill or not?

Solve this multiple-choice question and check the correct answer with its explanation below.

Answer options

  1. The President
  2. The Speaker
  3. The Finance Secretary
  4. The Finance Minister

Correct answer and explanation

Correct answer: The Speaker

Explanation: āœ… Correct Answer: B) The Speaker šŸ“š Explanation: According to Article 110 of the Constitution, the 'Speaker of the Lok Sabha' holds the sole and final authority to certify whether a specific bill is a Money Bill or not. This decision cannot be challenged in any court of law or by the President. Once the Speaker signs the certificate, the bill moves forward under specific rules that limit the powers of the Rajya Sabha. This ensures the lower house maintains control over public finance.