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  1. Which of the following statements about a Money Bill is not correct?
    1. A Money Bill can be tabled in either House of Parliament.
    2. The Speaker of Lok Sabha is the final authority to decide whether a Bill is a Money Bill or not.
    3. The Rajya Sabha must return a Money Bill passed by the Lok Sabha and send it for consideration within 14 days.
    4. The President cannot return a Money Bill to the Lok Sabha for reconsideration.
Correct Option: A

As per Article 110, a Money Bill can be introduced in Lok Sabha only. If any question arises whether a Bill is a Money Bill or not, the decision of Speaker thereon is final. The Speaker is under no obligation to consult any one in coming to a decision or in giving his certificate that a Bill is a Money Bill.


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