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In which House is a Money Bill 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 or government expenditure, and it can be introduced only in the Lok Sabha. It cannot be introduced first in the Rajya Sabha. After the Lok Sabha passes it, the bill is sent to the Rajya Sabha, which may discuss it and make recommendations within the constitutional procedure; the Lok Sabha has the decisive role. A is wrong because Rajya Sabha cannot introduce a Money Bill. C is wrong because the Supreme Court interprets law and decides cases, but it is not a legislative House. D is wrong because the Election Commission conducts elections, not parliamentary law-making. Memory cue: For a Money Bill, remember “money begins in the Lok Sabha.”

Related tags

Money BillLok SabhaRajya SabhaFinancial PowersIndian ParliamentParliament (Lok Sabha And Rajya Sabha Powers)Parliament Lok Sabha And Rajya Sabha PowersWorking Of Institutions

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