Which of the following statement(s) is/are not the correct provisions of a Money bill? |
1. Money bills are provided under Article 110. |
2. Any bill providing for the imposition of any tax as one of its provisions is a Money bill. |
3. A bill, whose only provisions are those relating to declaration of any expenditure as expenditia charged on the Consolidated Tund of India is a Money bill. |
4. A bill providing only for the imposition of taxes by a local authority for local purposes is also |
Select the correct answer using the codes given below. |
A) 1 and 3
B) Only 2
C) 3 and 4
D) Only 4
Correct Answer: D
Solution :
[d] Statement 1 is correct as Article 110 of the Constitution is one which provides for Money bills. Statement 2 is correct Money bills should have many provisions as imposition, abolition, remission, alteration or regulation of any tax. Statement 3 is also correct as expenditure charged on the Consolidated Fund of India is a Money bill. C.You need to login to perform this action.
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