Who among the following decides whether a particular bill is a Money Bill or not? Options:

examrobotsa's picture
Q: (SSC/0)
Who among the following decides whether a particular bill is a Money Bill or not? Options:

question_subject: 

Polity

question_exam: 

SSC

stats: 

0,42,10,2,8,42,0

keywords: 

{'money bill': [7, 1, 3, 9], 'particular bill': [2, 0, 0, 0], 'finance minister': [4, 0, 3, 1], 'lok sabha speaker': [1, 0, 0, 1], 'president': [4, 0, 2, 1], 'vice president': [3, 0, 1, 2]}

The correct answer is option 3 - Lok Sabha Speaker. The Lok Sabha Speaker is responsible for determining whether a particular bill is a Money Bill or not. A Money Bill is a type of legislation that deals with matters related to government expenditure, taxation, borrowing of money, and appropriation of funds. It is different from other types of bills as it can only be introduced in the Lok Sabha and not in the Rajya Sabha. The Speaker`s decision on classifying a bill as a Money Bill is final and cannot be challenged in court. This authority is given to the Speaker to maintain the autonomy and financial powers of the Lok Sabha as the representative body of the people.