The correct answer is: A. Governor of the State
A money bill is a bill that deals with the imposition, abolition, alteration, regulation of any tax; the borrowing of money by the State or the giving of any guarantee by the State in respect of any loan; the custody of the Consolidated Fund of the State, the Contingency Fund of the State, or the Public Account of the State; the appropriation of money out of the Consolidated Fund of the State; the declaring of any expenditure to be expenditure charged on the Consolidated Fund of the State; or the imposition of any surcharge on any tax for the purposes of the Union; and any other matter incidental to any of the matters specified in this clause.
A money bill can be introduced only in the Legislative Assembly of a State. It cannot be introduced in the Legislative Council. The Speaker of the Legislative Assembly has the power to decide whether a bill is a money bill or not.
If a bill is certified by the Governor of the State as a money bill, it cannot be amended by the Legislative Council. The Legislative Council can only suggest amendments to the bill, but the Legislative Assembly is not bound to accept these suggestions.
The Governor of the State has the power to withhold his assent to a money bill. If the Governor withholds his assent, the bill cannot be passed by the Legislative Assembly again.
The President of India has the power to reserve a money bill for his consideration. If the President does so, the bill cannot be passed by the Legislative Assembly until the President has given his assent to it.
The following are the options for the question:
- A. Governor of the State
- B. Chief Minister of the State
- C. Speaker of the Assembly
- D. Finance Minister of the State
The Governor of the State is the only person who can authorize the presentation of a money bill in the State Assembly. The Chief Minister of the State, the Speaker of the Assembly, and the Finance Minister of the State do not have the power to authorize the presentation of a money bill.