The money bill can be introduced only in the Legislative Assembly and not in the Legislative Council.
A
True
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
B
False
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution
The correct option is A True Money Bills can be introduced only in the Legislative Assembly of a State (or Lok Sabha in the Parliament) because the Legislative Assembly comprises of representatives directly elected by the people. Financial power must always remain with the people who have elected their representatives.