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Question : Money bills can be introduced first in which house of Parliament?

Option 1: Only in Lok Sabha

Option 2: Only in Rajya Sabha

Option 3: Both in Lok Sabha and Rajya Sabha

Option 4: Either in Lok Sabha or in Rajya Sabha


Team Careers360 2nd Jan, 2024
Answer (1)
Team Careers360 25th Jan, 2024

Correct Answer: Only in Lok Sabha


Solution : The correct answer is Only in Lok Sabha.

The Money Bill (Article 110) addresses financial issues such as taxation, governmental expenditure, etc. There must be a money bill tabled to the Lok Sabha. The only authorisation needed to introduce a money bill is the president's recommendation.

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