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In which House is a Money Bill first introduced?

Answer and explanation

Correct answer: Lok Sabha

Correct answer: B, Lok Sabha. A Money Bill deals with specified financial matters, such as taxation or government expenditure, and it can be introduced only in Lok Sabha. The introduction also requires the President’s recommendation. After Lok Sabha passes it, Rajya Sabha receives the Bill and may make recommendations within the constitutional time limit, but Lok Sabha has the final say on whether to accept them. Option A is wrong because Rajya Sabha cannot introduce a Money Bill. Option C is wrong because the Supreme Court is a judicial institution, not a House of Parliament. Option D refers to a State Legislative Assembly, whereas this question concerns the Parliament of India. Memory cue: financial control begins with the directly elected Lok Sabha.

Related tags

Money BillLok SabhaFinancial PowersParliamentParliament (Lok Sabha And Rajya Sabha Powers)Parliament Lok Sabha And Rajya Sabha PowersWorking Of InstitutionsCivics

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