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Question

According to the Indian Constitution the money bills can be introduced in _________________.

A
The Lok Sabha only
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B
The Rajya Sabha only
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C
The joint sessions of Rajya Sabha and Lok Sabha only
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D
The Council of the Ministers
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Solution

The correct option is A The Lok Sabha only

A Money Bill can be introduced in Lok Sabha only. If any question arises whether a Bill is a Money Bill or not, the decision of Speaker thereon is final. The Speaker is under no obligation to consult any one in coming to a decision or in giving his certificate that a Bill is a Money Bill. The certificate of the Speaker to the effect that a Bill is a Money Bill, is to be endorsed and signed by him when it is transmitted to Rajya Sabha and also when it is presented to the President for his assent.


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