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Question

Arrange the following steps relating to the making of an Act by Parliament in case of money bills in correct chronological order.
(A) Introduction in Lok Sabha.
(B) Discussion in Upper House.
(C) Discussion in Lower House.
(D) Approval by President.
(E) Assent by President.


A
DACBE
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B
ACDBE
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C
DABCE
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D
ADCBE
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Solution

The correct option is A DACBE
Money Bills exclusively contain provisions for imposition and abolition of taxes, appropriation of money out of the Consolidated Fund, etc. Money Bills can be introduced only in Lok Sabha on the approval of the President according to Articles 109, 110 and 117.

Legal Studies

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