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Regarding Money Bill, which of the following statements is not correct?
[2018]
[2018]
- a)A Money Bill is concerned with the appropriation of moneys out of the Contingency Fund of India
- b)A bill shall be deemed to be a Money Bill if it contains only provisions relating to imposition, abolition, remission, alteration or regulation of any tax.
- c)A Money Bill has provisions for the custody of the Consolidated Fund of India or the Contingency Fund of India.
- d)A Money Bill deals with the regulation of borrowing of money or giving of any guarantee by the Government of India
Correct answer is option 'A'. Can you explain this answer?
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Most Upvoted Answer
Regarding Money Bill, which of the following statementsis not correct?...
Since this MCQ has generated lot of debate and Hairsplittery, let's look at Constitution of India: Part-V: Article 110
• 110/1/(a): the imposition, abolition, remission, alteration or regulation of any tax;
• 110/1/(b): the regulation of the borrowing of money or the giving of any guarantee by the Government of India, or the amendment of the law with respect to any financial obligations undertaken or to be undertaken by the Government of India;
• 110/1/(c): the custody of the consolidated Fund or the Contingency Fund of India, the payment of moneys into or the withdrawal of moneys from any such Fund;
• 110/1/(d): the appropriation of moneys out of the consolidated Fund of India; ·
• 110/1/(e): the declaring of any expenditure to be expenditure charged on the Consolidated Fund of India or the increasing of the amount of any such expenditure;
• 110/1/(f): the receipt of money on account of the Consolidated Fund of India or the public account of India or the custody or issue of such money or the audit of the accounts of the Union or of a State; or
• 110/1/(g): any matter incidental to any of the matters specified in sub clause (a) to (f)
In this MCQ, we've to find the wrong option. Let's check
• Option D is right as per 110/1/b.
• Option B and C are right as per 110/1/c.
• Option A is wrong, as per 110/1/a in combination with 110/1/g. That is: if a bill contains provisions "INCIDENTAL" to imposition...abolition then also it's a money bill. Hence A is the answer.
• 110/1/(a): the imposition, abolition, remission, alteration or regulation of any tax;
• 110/1/(b): the regulation of the borrowing of money or the giving of any guarantee by the Government of India, or the amendment of the law with respect to any financial obligations undertaken or to be undertaken by the Government of India;
• 110/1/(c): the custody of the consolidated Fund or the Contingency Fund of India, the payment of moneys into or the withdrawal of moneys from any such Fund;
• 110/1/(d): the appropriation of moneys out of the consolidated Fund of India; ·
• 110/1/(e): the declaring of any expenditure to be expenditure charged on the Consolidated Fund of India or the increasing of the amount of any such expenditure;
• 110/1/(f): the receipt of money on account of the Consolidated Fund of India or the public account of India or the custody or issue of such money or the audit of the accounts of the Union or of a State; or
• 110/1/(g): any matter incidental to any of the matters specified in sub clause (a) to (f)
In this MCQ, we've to find the wrong option. Let's check
• Option D is right as per 110/1/b.
• Option B and C are right as per 110/1/c.
• Option A is wrong, as per 110/1/a in combination with 110/1/g. That is: if a bill contains provisions "INCIDENTAL" to imposition...abolition then also it's a money bill. Hence A is the answer.
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Community Answer
Regarding Money Bill, which of the following statementsis not correct?...
Explanation:
- A Money Bill is a type of bill defined in Article 110 of the Indian Constitution. It deals with matters related to taxation, government expenditure, and the appropriation of funds.
- To be considered a Money Bill, a bill must meet certain criteria as laid down in Article 110. These criteria are:
1. The bill must contain only provisions related to matters specified in Article 110(1)(a) to (g).
2. The bill must not contain any provisions unrelated to these matters.
3. The bill may also contain incidental provisions related to the matters specified in Article 110(1).
- Now let's analyze the given options:
a) A Money Bill has provisions for the custody of the Consolidated Fund of India or the Contingency Fund of India:
- This statement is incorrect. A Money Bill does not have provisions for the custody of the Consolidated Fund of India or the Contingency Fund of India. The custody of these funds is regulated by separate laws and not through a Money Bill.
b) A bill shall be deemed to be a Money Bill if it contains only provisions relating to imposition, abolition, remission, alteration or regulation of any tax:
- This statement is correct. As per Article 110(1)(a) of the Indian Constitution, a bill shall be deemed to be a Money Bill if it contains only provisions relating to the imposition, abolition, remission, alteration, or regulation of any tax.
c) A Money Bill is concerned with the appropriation of moneys out of the Contingency Fund of India:
- This statement is correct. A Money Bill can also deal with the appropriation of moneys out of the Contingency Fund of India.
d) A Money Bill deals with the regulation of borrowing of money or giving of any guarantee by the Government of India:
- This statement is correct. A Money Bill can also deal with the regulation of borrowing of money or giving of any guarantee by the Government of India.
Therefore, the correct answer is option 'a' - "A Money Bill has provisions for the custody of the Consolidated Fund of India or the Contingency Fund of India".
- A Money Bill is a type of bill defined in Article 110 of the Indian Constitution. It deals with matters related to taxation, government expenditure, and the appropriation of funds.
- To be considered a Money Bill, a bill must meet certain criteria as laid down in Article 110. These criteria are:
1. The bill must contain only provisions related to matters specified in Article 110(1)(a) to (g).
2. The bill must not contain any provisions unrelated to these matters.
3. The bill may also contain incidental provisions related to the matters specified in Article 110(1).
- Now let's analyze the given options:
a) A Money Bill has provisions for the custody of the Consolidated Fund of India or the Contingency Fund of India:
- This statement is incorrect. A Money Bill does not have provisions for the custody of the Consolidated Fund of India or the Contingency Fund of India. The custody of these funds is regulated by separate laws and not through a Money Bill.
b) A bill shall be deemed to be a Money Bill if it contains only provisions relating to imposition, abolition, remission, alteration or regulation of any tax:
- This statement is correct. As per Article 110(1)(a) of the Indian Constitution, a bill shall be deemed to be a Money Bill if it contains only provisions relating to the imposition, abolition, remission, alteration, or regulation of any tax.
c) A Money Bill is concerned with the appropriation of moneys out of the Contingency Fund of India:
- This statement is correct. A Money Bill can also deal with the appropriation of moneys out of the Contingency Fund of India.
d) A Money Bill deals with the regulation of borrowing of money or giving of any guarantee by the Government of India:
- This statement is correct. A Money Bill can also deal with the regulation of borrowing of money or giving of any guarantee by the Government of India.
Therefore, the correct answer is option 'a' - "A Money Bill has provisions for the custody of the Consolidated Fund of India or the Contingency Fund of India".
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Regarding Money Bill, which of the following statementsis not correct?[2018]a)A Money Bill is concerned with the appropriation of moneys out of the Contingency Fund of Indiab)A bill shall be deemed to be a Money Bill if itcontains only provisions relating to imposition, abolition, remission, alteration or regulation of any tax.c)A Money Bill has provisions for the custody of the Consolidated Fund of India or the Contingency Fund of India.d)A Money Bill deals with the regulation of borrowing of money or giving of any guarantee by the Government of IndiaCorrect answer is option 'A'. Can you explain this answer?
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Regarding Money Bill, which of the following statementsis not correct?[2018]a)A Money Bill is concerned with the appropriation of moneys out of the Contingency Fund of Indiab)A bill shall be deemed to be a Money Bill if itcontains only provisions relating to imposition, abolition, remission, alteration or regulation of any tax.c)A Money Bill has provisions for the custody of the Consolidated Fund of India or the Contingency Fund of India.d)A Money Bill deals with the regulation of borrowing of money or giving of any guarantee by the Government of IndiaCorrect answer is option 'A'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Regarding Money Bill, which of the following statementsis not correct?[2018]a)A Money Bill is concerned with the appropriation of moneys out of the Contingency Fund of Indiab)A bill shall be deemed to be a Money Bill if itcontains only provisions relating to imposition, abolition, remission, alteration or regulation of any tax.c)A Money Bill has provisions for the custody of the Consolidated Fund of India or the Contingency Fund of India.d)A Money Bill deals with the regulation of borrowing of money or giving of any guarantee by the Government of IndiaCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Regarding Money Bill, which of the following statementsis not correct?[2018]a)A Money Bill is concerned with the appropriation of moneys out of the Contingency Fund of Indiab)A bill shall be deemed to be a Money Bill if itcontains only provisions relating to imposition, abolition, remission, alteration or regulation of any tax.c)A Money Bill has provisions for the custody of the Consolidated Fund of India or the Contingency Fund of India.d)A Money Bill deals with the regulation of borrowing of money or giving of any guarantee by the Government of IndiaCorrect answer is option 'A'. Can you explain this answer?.
Regarding Money Bill, which of the following statementsis not correct?[2018]a)A Money Bill is concerned with the appropriation of moneys out of the Contingency Fund of Indiab)A bill shall be deemed to be a Money Bill if itcontains only provisions relating to imposition, abolition, remission, alteration or regulation of any tax.c)A Money Bill has provisions for the custody of the Consolidated Fund of India or the Contingency Fund of India.d)A Money Bill deals with the regulation of borrowing of money or giving of any guarantee by the Government of IndiaCorrect answer is option 'A'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Regarding Money Bill, which of the following statementsis not correct?[2018]a)A Money Bill is concerned with the appropriation of moneys out of the Contingency Fund of Indiab)A bill shall be deemed to be a Money Bill if itcontains only provisions relating to imposition, abolition, remission, alteration or regulation of any tax.c)A Money Bill has provisions for the custody of the Consolidated Fund of India or the Contingency Fund of India.d)A Money Bill deals with the regulation of borrowing of money or giving of any guarantee by the Government of IndiaCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Regarding Money Bill, which of the following statementsis not correct?[2018]a)A Money Bill is concerned with the appropriation of moneys out of the Contingency Fund of Indiab)A bill shall be deemed to be a Money Bill if itcontains only provisions relating to imposition, abolition, remission, alteration or regulation of any tax.c)A Money Bill has provisions for the custody of the Consolidated Fund of India or the Contingency Fund of India.d)A Money Bill deals with the regulation of borrowing of money or giving of any guarantee by the Government of IndiaCorrect answer is option 'A'. Can you explain this answer?.
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