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Consider the following statements. Article 110 of the Constitution of India defines a “Money Bill” as one containing provisions dealing with taxes, regulation of the government’s borrowing of money, and expenditure or receipt of money from the Consolidated Fund of India. A major difference between money and Financial Bills is that while the latter has the provision of including the Rajya Sabha’s recommendations, the former does not make their inclusion mandatory. While an ordinary Bill can originate in either house, a Money Bill can only be introduced in the Lok Sabha Amendments relating to the reduction or abolition of any tax are exempt from the requirement of the President’s recommendation.How many of the above statements are correct?a)Only oneb)Only twoc)Only threed)All fourCorrect answer is option 'D'. 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 Consider the following statements. Article 110 of the Constitution of India defines a “Money Bill” as one containing provisions dealing with taxes, regulation of the government’s borrowing of money, and expenditure or receipt of money from the Consolidated Fund of India. A major difference between money and Financial Bills is that while the latter has the provision of including the Rajya Sabha’s recommendations, the former does not make their inclusion mandatory. While an ordinary Bill can originate in either house, a Money Bill can only be introduced in the Lok Sabha Amendments relating to the reduction or abolition of any tax are exempt from the requirement of the President’s recommendation.How many of the above statements are correct?a)Only oneb)Only twoc)Only threed)All fourCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statements. Article 110 of the Constitution of India defines a “Money Bill” as one containing provisions dealing with taxes, regulation of the government’s borrowing of money, and expenditure or receipt of money from the Consolidated Fund of India. A major difference between money and Financial Bills is that while the latter has the provision of including the Rajya Sabha’s recommendations, the former does not make their inclusion mandatory. While an ordinary Bill can originate in either house, a Money Bill can only be introduced in the Lok Sabha Amendments relating to the reduction or abolition of any tax are exempt from the requirement of the President’s recommendation.How many of the above statements are correct?a)Only oneb)Only twoc)Only threed)All fourCorrect answer is option 'D'. Can you explain this answer?.

Solutions for Consider the following statements. Article 110 of the Constitution of India defines a “Money Bill” as one containing provisions dealing with taxes, regulation of the government’s borrowing of money, and expenditure or receipt of money from the Consolidated Fund of India. A major difference between money and Financial Bills is that while the latter has the provision of including the Rajya Sabha’s recommendations, the former does not make their inclusion mandatory. While an ordinary Bill can originate in either house, a Money Bill can only be introduced in the Lok Sabha Amendments relating to the reduction or abolition of any tax are exempt from the requirement of the President’s recommendation.How many of the above statements are correct?a)Only oneb)Only twoc)Only threed)All fourCorrect answer is option 'D'. Can you explain this answer? in English & in Hindi are available as part of our courses for UPSC. Download more important topics, notes, lectures and mock test series for UPSC Exam by signing up for free.

Here you can find the meaning of Consider the following statements. Article 110 of the Constitution of India defines a “Money Bill” as one containing provisions dealing with taxes, regulation of the government’s borrowing of money, and expenditure or receipt of money from the Consolidated Fund of India. A major difference between money and Financial Bills is that while the latter has the provision of including the Rajya Sabha’s recommendations, the former does not make their inclusion mandatory. While an ordinary Bill can originate in either house, a Money Bill can only be introduced in the Lok Sabha Amendments relating to the reduction or abolition of any tax are exempt from the requirement of the President’s recommendation.How many of the above statements are correct?a)Only oneb)Only twoc)Only threed)All fourCorrect answer is option 'D'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Consider the following statements. Article 110 of the Constitution of India defines a “Money Bill” as one containing provisions dealing with taxes, regulation of the government’s borrowing of money, and expenditure or receipt of money from the Consolidated Fund of India. A major difference between money and Financial Bills is that while the latter has the provision of including the Rajya Sabha’s recommendations, the former does not make their inclusion mandatory. While an ordinary Bill can originate in either house, a Money Bill can only be introduced in the Lok Sabha Amendments relating to the reduction or abolition of any tax are exempt from the requirement of the President’s recommendation.How many of the above statements are correct?a)Only oneb)Only twoc)Only threed)All fourCorrect answer is option 'D'. Can you explain this answer?, a detailed solution for Consider the following statements. Article 110 of the Constitution of India defines a “Money Bill” as one containing provisions dealing with taxes, regulation of the government’s borrowing of money, and expenditure or receipt of money from the Consolidated Fund of India. A major difference between money and Financial Bills is that while the latter has the provision of including the Rajya Sabha’s recommendations, the former does not make their inclusion mandatory. While an ordinary Bill can originate in either house, a Money Bill can only be introduced in the Lok Sabha Amendments relating to the reduction or abolition of any tax are exempt from the requirement of the President’s recommendation.How many of the above statements are correct?a)Only oneb)Only twoc)Only threed)All fourCorrect answer is option 'D'. Can you explain this answer? has been provided alongside types of Consider the following statements. Article 110 of the Constitution of India defines a “Money Bill” as one containing provisions dealing with taxes, regulation of the government’s borrowing of money, and expenditure or receipt of money from the Consolidated Fund of India. A major difference between money and Financial Bills is that while the latter has the provision of including the Rajya Sabha’s recommendations, the former does not make their inclusion mandatory. While an ordinary Bill can originate in either house, a Money Bill can only be introduced in the Lok Sabha Amendments relating to the reduction or abolition of any tax are exempt from the requirement of the President’s recommendation.How many of the above statements are correct?a)Only oneb)Only twoc)Only threed)All fourCorrect answer is option 'D'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Consider the following statements. Article 110 of the Constitution of India defines a “Money Bill” as one containing provisions dealing with taxes, regulation of the government’s borrowing of money, and expenditure or receipt of money from the Consolidated Fund of India. A major difference between money and Financial Bills is that while the latter has the provision of including the Rajya Sabha’s recommendations, the former does not make their inclusion mandatory. While an ordinary Bill can originate in either house, a Money Bill can only be introduced in the Lok Sabha Amendments relating to the reduction or abolition of any tax are exempt from the requirement of the President’s recommendation.How many of the above statements are correct?a)Only oneb)Only twoc)Only threed)All fourCorrect answer is option 'D'. Can you explain this answer? tests, examples and also practice UPSC tests.