A bill is deemed to be a ‘Money Bill’ if it contains only provisions dealing with
- 1. the imposition, alteration or regulation of any tax
- 2. the regulation of the borrowing of money by the government
- 3. the custody of the Consolidated Fund of India or the Contingency Fund of India
- 4. the provision for imposition of fines or other penalties, or for the demand or payment of fees for licenses or fees for services rendered
1, 2 and 3 only
1 and 2 only
3 and 4 only
1, 2, 3 and 4
Answer is Wrong!
Answer is Right!
This question was previously asked in
UPSC CAPF – 2013
1. the imposition, abolition, remission, alteration or regulation of any tax. (Statement 1)
2. the regulation of the borrowing of money or the giving of any guarantee by the Government of India, or the amendment of the law with respect to any financial obligations undertaken or to be undertaken by the Government of India. (Statement 2)
3. the custody of the Consolidated Fund or the Contingency Fund of India, the payment of moneys into or the withdrawal of moneys from any such Fund. (Statement 3)
4. the appropriation of moneys out of the Consolidated Fund of India.
5. the declaring of any expenditure to be expenditure charged on the Consolidated Fund of India or the increasing of the amount of any such expenditure.
6. the receipt of money on account of the Consolidated Fund of India or the public account of India or the custody or issue of such money or the audit of the accounts of the Union or of a State.
7. any matter incidental to any of the matters specified in sub-clauses (a) to (f).
– Article 110(2) explicitly states that a Bill shall not be deemed to be a Money Bill by reason only that it provides for:
– the imposition of fines or other pecuniary penalties.
– the demand or payment of fees for licences or fees for services rendered. (Statement 4 falls under this exclusion)
– the imposition, abolition, remission, alteration or regulation of any tax by any local authority or body for local purposes.