Correct option is C
The correct answer is (c)
As per Article 199 of the Constitution of India, the Speaker of the Legislative Assembly has the sole authority to decide whether a bill is a Money Bill or not. The Speaker’s decision is final and binding and cannot be questioned in a court of law.
Information Booster:
- A Money Bill deals with financial matters like taxation, borrowing, and expenditure.
- The Speaker's certification of a Money Bill is final as per Article 199.
- A Money Bill can only be introduced in the Legislative Assembly (Lower House).
- The Governor cannot reject a Money Bill; they can only give assent or reserve it for the President.
- In Parliament, the Lok Sabha Speaker performs a similar role.
- Non-Money Bills do not require the Speaker's certification.
Additional Knowledge:
- Chief Minister (Option a): Heads the executive branch but has no role in certifying Money Bills.
- Deputy Chief Minister (Option b): Primarily assists the Chief Minister and holds no legislative authority.
- Governor (Option d): Has powers to give assent, withhold assent, or reserve certain bills, but cannot classify bills as Money Bills.