Question : A money bill can be introduced in
Option 1: either house of the Parliament
Option 2: only Council of States (Rajya Sabha)
Option 3: only House of the People (Lok Sabha)
Option 4: None of the above
Correct Answer: only House of the People (Lok Sabha)
Solution : The correct option is only the House of the People (Lok Sabha).
A money bill can only be introduced in India's Lok Sabha, the lower chamber of Parliament. Money bills are only concerned with revenue, public expenditure, or government loans and borrowings.
Application | Eligibility | Selection Process | Result | Cutoff | Admit Card | Preparation Tips
Question : Money bills can be introduced first in which house of Parliament?
Option 1: Only in Lok Sabha
Option 2: Only in Rajya Sabha
Option 3: Both in Lok Sabha and Rajya Sabha
Option 4: Either in Lok Sabha or in Rajya Sabha
Question : Which of the following statements about a Money Bill is not correct?
Option 1: A money bill can be tabled in either House of Parliament.
Option 2: The Speaker of Lok Sabha is the final authority to decide whether a Bill is a Money Bill.
Option 3: The Rajya Sabha must return a Money Bill passed by the Lok Sabha and send it for consideration within 14 days.
Option 4: The President cannot return a Money Bill to the Lok Sabha for reconsideration.
Question : If the Union Parliament is to assume legislative power over any subject included in the state list resolution to the effect has to be passed by which of the following?
Option 1: Lok Sabha, Rajya Sabha and legislatures of the concerned states
Option 2: Both Lok Sabha and Rajya Sabha
Option 3: Rajya Sabha
Option 4: Lok Sabha
Question : There is a Parliamentary system of Government in India because
Option 1: The Lok Sabha is directly elected by the people
Option 2: The parliament can amend the constitution
Option 3: The Rajya Sabha cannot be dissolved
Option 4: The Council of Ministers is responsible to the Lok Sabha
Question : A money bill under Article 111 of the Constitution of India, presented to the President for assent, has to be endorsed by a Certificate of the ____________ signed by him/her that it is a money bill.
Option 1: Speaker of the Lok Sabha
Option 2: Secretary General of the Rajya Sabha
Option 3: Deputy Chairman of the Rajya Sabha
Option 4: Secretary General of the Lok Sabha
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile