- Money Bills deal with financial matters specified in Article 110(1). - The Speaker of the Lok Sabha has the final authority to decide if a bill is a Money Bill (Article 110(3)). - Rajya Sabha has limited powers regarding Money Bills; it can only make recommendations, which the Lok Sabha may or may not accept.
Choose the correct option:
Asked in WBCS Main Paper 5 2021 · Topic: The Parliament (Legislative Procedure: Types of Bills (Ordinary, Money, Financial, Constitution Amendment) and their passage)
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Answer: A. A Money Bill may be introduced only in the Lok Sabha.
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