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In which House can a Money Bill be introduced first?

Answer and explanation

Correct answer: Lok Sabha

Correct answer: B, Lok Sabha. A Money Bill deals with specified financial matters such as taxation, government borrowing or withdrawal of money from the Consolidated Fund, according to the constitutional definition. It can be introduced only in Lok Sabha and requires the President's recommendation for introduction. After Lok Sabha passes it, Rajya Sabha may make recommendations within the prescribed period, but Lok Sabha may accept or reject them. B is correct because this is a special financial power of the directly elected House. A is wrong because Rajya Sabha cannot introduce a Money Bill first. C is wrong because the Supreme Court is a court, not a legislative House. D is wrong because the Election Commission conducts and supervises elections, not financial law-making. Do not confuse an ordinary bill, which may begin in either House, with a Money Bill. Memory cue: public money starts in the people's House, Lok Sabha.

Related tags

Money BillLok SabhaFinancial PowersParliament (Lok Sabha And Rajya Sabha Powers)Parliament Lok Sabha And Rajya Sabha PowersWorking Of InstitutionsCivicsClass 9 Mcq

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