Correct option is C
The correct answer is (c) The Speaker of the Lok Sabha
Explanation
According to Article 110 of the Indian Constitution, only the Speaker of the Lok Sabha has the authority to decide whether a bill is a Money Bill or not.
· The decision of the Speaker is final and cannot be challenged in any court.
Additional information (other options)
· Prime Minister: Has no constitutional authority to declare a bill as a money bill.
· Finance Minister: Introduces financial bills but cannot certify a money bill.
· President of India: Approves the bill after passage but does not classify it as a money bill.
Information Booster
· A Money Bill deals exclusively with matters like taxation, borrowing, Consolidated Fund of India, Contingency Fund, etc.
· Money Bills are introduced only in Lok Sabha and require President’s prior recommendation.
· Rajya Sabha cannot amend a Money Bill; it can only make recommendations.