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Members of the Lok Sabha & the Rajya Sabha

No money bill...

Question

No money bill can be introduced in the Lok Sabha without prior approval of the ______________.

A

Vice-President

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B

President

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C

Prime Minister

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D

Finance Minister

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Solution

The correct option is C President
President.
A Money Bill can be introduced on the recommendation of the President of India in the Lok Sabha only. 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 presented to the President for his assent.

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