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Who has the right to decide whether a Bill is a money bill or not? (SSC CGL 1st Sit. 2016)
- a)Speaker of Lok Sabha
- b)Prime Minister
- c)President
- d)Finance Minister
Correct answer is option 'A'. Can you explain this answer?
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Who has the right to decide whether a Bill is a money bill or not? (SS...
Bills which exclusively con tain provisions for imposition and abolition of taxes, for appropriation of moneys out of the Consolidated Fund, etc., are certified as Money Bills. Money Bills can be introduced only in
LokSabha.It is only the speaker of the LokSabha, who has the right to decide whether a Bill is Money Bill or not.
LokSabha.It is only the speaker of the LokSabha, who has the right to decide whether a Bill is Money Bill or not.
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Who has the right to decide whether a Bill is a money bill or not? (SS...
The Authority to Decide on Money Bills
In the context of Indian parliamentary procedure, the classification of a Bill as a Money Bill is governed by Article 110 of the Constitution of India. The authority to make this determination lies specifically with the Speaker of the Lok Sabha.
Definition of a Money Bill
- A Money Bill is defined as a Bill that exclusively deals with matters concerning:
- Imposition, abolition, remission, alteration, or regulation of any tax.
- Regulation of borrowing by the Government.
- Custody of the Consolidated Fund or the Contingency Fund of India.
- Any matter incidental to these aspects.
Role of the Speaker
- The Speaker's decision is crucial because:
- The Speaker has the expertise and authority to interpret the provisions of the Constitution regarding Money Bills.
- Their decision is final and cannot be questioned in any court of law.
Implications of the Decision
- If a Bill is declared a Money Bill:
- It can only be introduced in the Lok Sabha.
- Rajya Sabha has limited powers to amend or reject it.
- The Lok Sabha's decision on Money Bills is paramount.
Conclusion
In summary, the Speaker of the Lok Sabha is the sole authority responsible for determining whether a Bill qualifies as a Money Bill. This power is essential to ensure that financial legislation is processed efficiently and in accordance with constitutional provisions, maintaining the integrity of the legislative framework.
In the context of Indian parliamentary procedure, the classification of a Bill as a Money Bill is governed by Article 110 of the Constitution of India. The authority to make this determination lies specifically with the Speaker of the Lok Sabha.
Definition of a Money Bill
- A Money Bill is defined as a Bill that exclusively deals with matters concerning:
- Imposition, abolition, remission, alteration, or regulation of any tax.
- Regulation of borrowing by the Government.
- Custody of the Consolidated Fund or the Contingency Fund of India.
- Any matter incidental to these aspects.
Role of the Speaker
- The Speaker's decision is crucial because:
- The Speaker has the expertise and authority to interpret the provisions of the Constitution regarding Money Bills.
- Their decision is final and cannot be questioned in any court of law.
Implications of the Decision
- If a Bill is declared a Money Bill:
- It can only be introduced in the Lok Sabha.
- Rajya Sabha has limited powers to amend or reject it.
- The Lok Sabha's decision on Money Bills is paramount.
Conclusion
In summary, the Speaker of the Lok Sabha is the sole authority responsible for determining whether a Bill qualifies as a Money Bill. This power is essential to ensure that financial legislation is processed efficiently and in accordance with constitutional provisions, maintaining the integrity of the legislative framework.
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Who has the right to decide whether a Bill is a money bill or not? (SSC CGL 1st Sit. 2016)a)Speaker of Lok Sabhab)Prime Ministerc)Presidentd)Finance MinisterCorrect answer is option 'A'. Can you explain this answer?
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