Q. With reference to the Money Bill under Article 110, which of the following statements is/are correct?
Select the correct answer using the code given below:
A
1 only
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B
2 only
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C
Both 1 and 2
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D
Neither 1 nor 2
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Solution
The correct option is D Neither 1 nor 2 Explanation:
Statement 1 is incorrect: According to Article 110 of the Indian Constitution, the Money Bill is any Bill dealing with:
The imposition, abolition, remission, alteration, or regulation of any tax
The regulation of the borrowing of money by the Union government
The custody of the Consolidated Fund of India or the contingency fund of India, the payment of money into or the withdrawal of money from any such fund
The appropriation of money out of the Consolidated Fund of India
Declaration of any expenditure charged on the Consolidated Fund of India or increasing the amount of any such expenditure
The receipt of money on account of the Consolidated Fund of India or the public account of India or the custody or issue of such money, or the audit of the accounts of the Union or of a state
Any matter incidental to any of the matters specified above
Statement 2 is incorrect: The Supreme Court held in Mohd. Saeed Siddiqui vs. the State of U.P, “the decision of the Speaker of the Legislative Assembly that the Bill in question was a ‘money bill’ is final and the said decision cannot be disputed nor can the procedure of the state legislature be questioned by virtue of Article 212”. However, by the power vested in Article 142, the Supreme Court in Special Reference No.1 of 1964 case, Ramdas Athawale’s case and Raja Ram Pal’s case, held that the “the validity of proceedings in Parliament or a State Legislature can be subject to judicial review on the ground that there is an illegality or a constitutional violation.”