Question : A money bill can be introduced in
Option 1: either house of the Parliament
Option 2: only Council of States (Rajya Sabha)
Option 3: only House of the People (Lok Sabha)
Option 4: None of the above
Answer (1)
25th Jan, 2024
Correct Answer: only House of the People (Lok Sabha)
Solution : The correct option is only the House of the People (Lok Sabha) .
A money bill can only be introduced in India's Lok Sabha, the lower chamber of Parliament. Money bills are only concerned with revenue, public expenditure, or government loans and borrowings.
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