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

(A) Finance Minister
(B) President of India
(C) Lok Sabha Speaker
(D) Vice President of India

Correct Answer : Lok Sabha Speaker
Question Asked : SSC Junior Engineer (Civil) Exam 2018
Explanation: The definition of ‘Money Bill’ is given in Article 110 of the Constitution of India. Whether a bill can be a money bill is decided by the Speaker of the Lok Sabha whose decision is deemed final. Money bills include provisions for imposition and abolition of taxes, for an appropriation of money out of the Consolidated Fund.
Useful Quotations for : UPSC, State PSC, IBPS, SSC, Railway, NDA, Police Exams
Like The Facebook Page CurrentGK for Current Affairs, Latest GK & Employment News
Tags : Legislative Parliament President Prime Minister Union Executive
Always Ask Questions