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Q: Which of the following Articles of the Indian constitution defines the Money bill?
  • A. Article 110
  • B. Article 109
  • C. Article 115
  • D. Article 113
Correct Answer: Option A - Article 110 of the Indian constitution defines the Money bill. Money bills are concerned with financial matters like taxation, public expenditure, etc. They can be introduced only in the Lok Sabha after the recommendation of the President. A Money Bill after being passed by the Lok Sabha is transmitted to the Rajya Sabha. Rajya Sabha has to return such a bill to Lok Sabha within a period of fourteen days from its receipt. Point to be noted that Article 109 and article 117 prohibit the introduction of Money Bills in the Rajya Sabha.
A. Article 110 of the Indian constitution defines the Money bill. Money bills are concerned with financial matters like taxation, public expenditure, etc. They can be introduced only in the Lok Sabha after the recommendation of the President. A Money Bill after being passed by the Lok Sabha is transmitted to the Rajya Sabha. Rajya Sabha has to return such a bill to Lok Sabha within a period of fourteen days from its receipt. Point to be noted that Article 109 and article 117 prohibit the introduction of Money Bills in the Rajya Sabha.

Explanations:

Article 110 of the Indian constitution defines the Money bill. Money bills are concerned with financial matters like taxation, public expenditure, etc. They can be introduced only in the Lok Sabha after the recommendation of the President. A Money Bill after being passed by the Lok Sabha is transmitted to the Rajya Sabha. Rajya Sabha has to return such a bill to Lok Sabha within a period of fourteen days from its receipt. Point to be noted that Article 109 and article 117 prohibit the introduction of Money Bills in the Rajya Sabha.