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Which one of the following statements about a Money Bill is not correct?
- a)A Money Bill can be tabled in either House of Parliament.
- b)The Speaker of Lok Sabha is the final authority to decide whether a Bill is a Money Bill or not.
- c)The Rajya Sabha must return a Money Bill passed by the Lok Sabha and send it for consideration within 14 days.
- d)The President cannot return a Money Bill to the Lok Sabha for reconsideration.
Correct answer is option 'A'. Can you explain this answer?
Verified Answer
Which one of the following statements about a Money Bill is not correc...
As per Art.109(1), a money bill shall not be introduced in the Rajya Sabha. Other options are correct as per Art.109 of the Constitution. Provisions which make a bill, money bill are defined by Art. 110. Money bill is presented with prior consent of President so he cannot return it for reconsideration.
Most Upvoted Answer
Which one of the following statements about a Money Bill is not correc...
The correct answer is option 'A': A Money Bill can be tabled in either House of Parliament.
Explanation:
A Money Bill is a type of legislation that deals with matters related to taxation, government expenditure, or borrowing of money by the government. It is defined in Article 110 of the Indian Constitution. There are certain characteristics and procedures associated with Money Bills, and the statement in option A is incorrect because a Money Bill can only be introduced in the Lok Sabha (the lower house of Parliament) and not in the Rajya Sabha (the upper house of Parliament).
Characteristics of a Money Bill:
1. Article 110 of the Indian Constitution provides a specific definition of a Money Bill. According to this definition, a Bill is considered a Money Bill if it contains only provisions related to matters listed in Article 110(1).
2. The matters listed in Article 110(1) include the imposition, abolition, remission, alteration, or regulation of any tax; the regulation of borrowing by the government; the custody of the Consolidated Fund of India or the Contingency Fund of India; the appropriation of money out of the Consolidated Fund of India; and declaring any expenditure as a charged expenditure on the Consolidated Fund of India.
3. A Money Bill can only be introduced in the Lok Sabha and not in the Rajya Sabha. This means that the statement in option A is incorrect.
4. The Speaker of the Lok Sabha is the final authority to decide whether a Bill is a Money Bill or not. If any question arises regarding whether a Bill is a Money Bill or not, the decision of the Speaker is final and cannot be questioned.
5. Once a Money Bill is passed by the Lok Sabha, it is transmitted to the Rajya Sabha for its recommendations. The Rajya Sabha must return the Bill within 14 days, either with its recommendations or without any recommendations. It cannot amend or delay the passage of a Money Bill.
6. After the Rajya Sabha has considered and returned the Bill, the Lok Sabha can either accept or reject the recommendations made by the Rajya Sabha. The Bill is then presented to the President for his assent.
7. The President cannot return a Money Bill to the Lok Sabha for reconsideration. Unlike other types of Bills, a Money Bill does not require the President's assent to become law. Once it is passed by the Lok Sabha and returned by the Rajya Sabha, it is deemed to have been passed by both Houses of Parliament.
In conclusion, a Money Bill can only be introduced in the Lok Sabha, and the Speaker of the Lok Sabha is the final authority to decide whether a Bill is a Money Bill or not. The Rajya Sabha must return a Money Bill passed by the Lok Sabha within 14 days, and the President cannot return a Money Bill to the Lok Sabha for reconsideration.
Explanation:
A Money Bill is a type of legislation that deals with matters related to taxation, government expenditure, or borrowing of money by the government. It is defined in Article 110 of the Indian Constitution. There are certain characteristics and procedures associated with Money Bills, and the statement in option A is incorrect because a Money Bill can only be introduced in the Lok Sabha (the lower house of Parliament) and not in the Rajya Sabha (the upper house of Parliament).
Characteristics of a Money Bill:
1. Article 110 of the Indian Constitution provides a specific definition of a Money Bill. According to this definition, a Bill is considered a Money Bill if it contains only provisions related to matters listed in Article 110(1).
2. The matters listed in Article 110(1) include the imposition, abolition, remission, alteration, or regulation of any tax; the regulation of borrowing by the government; the custody of the Consolidated Fund of India or the Contingency Fund of India; the appropriation of money out of the Consolidated Fund of India; and declaring any expenditure as a charged expenditure on the Consolidated Fund of India.
3. A Money Bill can only be introduced in the Lok Sabha and not in the Rajya Sabha. This means that the statement in option A is incorrect.
4. The Speaker of the Lok Sabha is the final authority to decide whether a Bill is a Money Bill or not. If any question arises regarding whether a Bill is a Money Bill or not, the decision of the Speaker is final and cannot be questioned.
5. Once a Money Bill is passed by the Lok Sabha, it is transmitted to the Rajya Sabha for its recommendations. The Rajya Sabha must return the Bill within 14 days, either with its recommendations or without any recommendations. It cannot amend or delay the passage of a Money Bill.
6. After the Rajya Sabha has considered and returned the Bill, the Lok Sabha can either accept or reject the recommendations made by the Rajya Sabha. The Bill is then presented to the President for his assent.
7. The President cannot return a Money Bill to the Lok Sabha for reconsideration. Unlike other types of Bills, a Money Bill does not require the President's assent to become law. Once it is passed by the Lok Sabha and returned by the Rajya Sabha, it is deemed to have been passed by both Houses of Parliament.
In conclusion, a Money Bill can only be introduced in the Lok Sabha, and the Speaker of the Lok Sabha is the final authority to decide whether a Bill is a Money Bill or not. The Rajya Sabha must return a Money Bill passed by the Lok Sabha within 14 days, and the President cannot return a Money Bill to the Lok Sabha for reconsideration.
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Which one of the following statements about a Money Bill is not correct?a)A Money Bill can be tabled in either House of Parliament.b)The Speaker of Lok Sabha is the final authority to decide whether a Bill is a Money Bill or not.c)The Rajya Sabha must return a Money Bill passed by the Lok Sabha and send it for consideration within 14 days.d)The President cannot return a Money Bill to the Lok Sabha for reconsideration.Correct answer is option 'A'. Can you explain this answer?
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Which one of the following statements about a Money Bill is not correct?a)A Money Bill can be tabled in either House of Parliament.b)The Speaker of Lok Sabha is the final authority to decide whether a Bill is a Money Bill or not.c)The Rajya Sabha must return a Money Bill passed by the Lok Sabha and send it for consideration within 14 days.d)The President cannot return a Money Bill to the Lok Sabha for reconsideration.Correct answer is option 'A'. Can you explain this answer? for UPSC 2025 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Which one of the following statements about a Money Bill is not correct?a)A Money Bill can be tabled in either House of Parliament.b)The Speaker of Lok Sabha is the final authority to decide whether a Bill is a Money Bill or not.c)The Rajya Sabha must return a Money Bill passed by the Lok Sabha and send it for consideration within 14 days.d)The President cannot return a Money Bill to the Lok Sabha for reconsideration.Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for UPSC 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which one of the following statements about a Money Bill is not correct?a)A Money Bill can be tabled in either House of Parliament.b)The Speaker of Lok Sabha is the final authority to decide whether a Bill is a Money Bill or not.c)The Rajya Sabha must return a Money Bill passed by the Lok Sabha and send it for consideration within 14 days.d)The President cannot return a Money Bill to the Lok Sabha for reconsideration.Correct answer is option 'A'. Can you explain this answer?.
Which one of the following statements about a Money Bill is not correct?a)A Money Bill can be tabled in either House of Parliament.b)The Speaker of Lok Sabha is the final authority to decide whether a Bill is a Money Bill or not.c)The Rajya Sabha must return a Money Bill passed by the Lok Sabha and send it for consideration within 14 days.d)The President cannot return a Money Bill to the Lok Sabha for reconsideration.Correct answer is option 'A'. Can you explain this answer? for UPSC 2025 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Which one of the following statements about a Money Bill is not correct?a)A Money Bill can be tabled in either House of Parliament.b)The Speaker of Lok Sabha is the final authority to decide whether a Bill is a Money Bill or not.c)The Rajya Sabha must return a Money Bill passed by the Lok Sabha and send it for consideration within 14 days.d)The President cannot return a Money Bill to the Lok Sabha for reconsideration.Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for UPSC 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which one of the following statements about a Money Bill is not correct?a)A Money Bill can be tabled in either House of Parliament.b)The Speaker of Lok Sabha is the final authority to decide whether a Bill is a Money Bill or not.c)The Rajya Sabha must return a Money Bill passed by the Lok Sabha and send it for consideration within 14 days.d)The President cannot return a Money Bill to the Lok Sabha for reconsideration.Correct answer is option 'A'. Can you explain this answer?.
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