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Which authority decides whether a Bill is a Money Bill?
Question

Which authority decides whether a Bill is a Money Bill?

A.

Finance Minister

B.

President

C.

Speaker of Lok Sabha

D.

Comptroller & Auditor General

Correct option is C

The correct answer is (c) Speaker of Lok Sabha.
• The Speaker of the Lok Sabha certifies whether a Bill is a Money Bill.
• This certification is final within Parliament.
• It determines the limited role of the Rajya Sabha.
Information Booster:
• Money Bills are defined under Article 110 of the Constitution.
• Rajya Sabha can only make recommendations on Money Bills.
• Article 110(3) grants certification power to the Speaker.
Additional Knowledge:
• Finance Minister introduces Money Bills but does not certify them.
• President gives assent after parliamentary passage.
• CAG audits accounts and has no legislative role.

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