Who decides if a particular Bill is a Money Bill or not?

(A) President
(B) Speaker of Lok Sabha
(C) Chairman of Rajya Sabha
(D) Finance Minister

Correct Answer : Speaker of Lok Sabha
Question Asked : SSC Section Officer (Audit) Exam 2001, SSC CGL Prelim Exam, 2008, SSC Combined Matric Level (Pre) Exam 2001, SSC Combined Matric Level (Pre) 2008, SSC (10+2) Level Data Entry Operator & LDC Exam 2012
Explanation: Under the Constitution, the Speaker enjoys a special position insofar as certain matters pertaining to the relations between the two Houses of Parliament are concerned. He certifies Money Bills and decides on money matters by reason of the Lok Sabha’s overriding powers in financial matters. It is the Speaker of the Lok Sabha who presides over joint sittings called in the event of disagreement between the two Houses on a legislative’ measure. As regards recognition of parliamentary parties it is the Speaker who lays down the necessary guidelines for such recognition.
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