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Question

The Constitution of India provides special procedure for _______________.

A
Money Bills
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B
Financial Bills
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C
Both Money Bills and Financial Bills
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D
None of the above
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Solution

The correct option is A Money Bills
The Constitution provides for a special procedure for the passing of money bills in the Parliament. A money bill can only be passed in the Lok Sabha and that too on the recommendation of the President. Every such bill is regarded as the government bill and essentially to be introduced by the minister. The Rajya Sabha has restricted power regarding the money bill. It cannot reject or amend the money bills bu can only make recommendations and that are also non binding upon lok Sabha.

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