{"id":91556,"date":"2025-06-01T10:59:57","date_gmt":"2025-06-01T10:59:57","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=91556"},"modified":"2025-06-01T10:59:57","modified_gmt":"2025-06-01T10:59:57","slug":"regarding-money-bill-which-of-the-following-statements-is-not-correct","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/regarding-money-bill-which-of-the-following-statements-is-not-correct\/","title":{"rendered":"Regarding Money Bill, which of the following statements is not correct"},"content":{"rendered":"

Regarding Money Bill, which of the following statements is not correct ?<\/p>\n

[amp_mcq option1=”A bill shall be deemed to be a Money Bill if it contains only provisions relating to imposition, abolition, remission, alteration or regulation of any tax.” option2=”A Money Bill has provisions for the custody of the Consolidated Fund of India or the Contingency Fund of India.” option3=”A Money Bill is concerned with the appropriation of moneys out of the Contingency Fund of India.” option4=”A Money Bill deals with the regulation of borrowing of money or giving of any guarantee by the Government of India.” correct=”option3″]<\/p>\n

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This question was previously asked in<\/div>\n
UPSC IAS – 2018<\/div>\n<\/div>\n
Download PDF<\/a>Attempt Online<\/a><\/div>\n<\/div>\n
\nA Money Bill is defined in Article 110(1) of the Indian Constitution. It lists specific matters that, if contained *only* in a bill, make it a Money Bill. Statement C says a Money Bill is concerned with the appropriation of moneys out of the Contingency Fund of India. Article 110(1)(d) specifies appropriation of moneys out of the Consolidated Fund of India, not the Contingency Fund. The Contingency Fund is an emergency fund handled differently. Therefore, this statement is incorrect.
\n<\/section>\n
\nStatement A is correct as per Article 110(1)(a). Statement B is correct as per Article 110(1)(c). Statement D is correct as per Article 110(1)(b). A bill containing *only* provisions related to these matters is deemed a Money Bill.
\n<\/section>\n
\nMoney Bills can only be introduced in the Lok Sabha. The Rajya Sabha has limited powers regarding Money Bills; it can suggest amendments, but the Lok Sabha is not bound by these suggestions. The Speaker of the Lok Sabha’s decision on whether a bill is a Money Bill is final.
\n<\/section>\n","protected":false},"excerpt":{"rendered":"

Regarding Money Bill, which of the following statements is not correct ? [amp_mcq option1=”A bill shall be deemed to be a Money Bill if it contains only provisions relating to imposition, abolition, remission, alteration or regulation of any tax.” option2=”A Money Bill has provisions for the custody of the Consolidated Fund of India or the … <\/p>\n

Detailed SolutionRegarding Money Bill, which of the following statements is not correct<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1092],"tags":[1114,1099,1111],"class_list":["post-91556","post","type-post","status-publish","format-standard","hentry","category-upsc-ias","tag-1114","tag-indian-polity-and-governance","tag-the-parliament","no-featured-image-padding"],"yoast_head":"\nRegarding Money Bill, which of the following statements is not correct<\/title>\n<meta name=\"description\" content=\"A Money Bill is defined in Article 110(1) of the Indian Constitution. It lists specific matters that, if contained *only* in a bill, make it a Money Bill. Statement C says a Money Bill is concerned with the appropriation of moneys out of the Contingency Fund of India. Article 110(1)(d) specifies appropriation of moneys out of the Consolidated Fund of India, not the Contingency Fund. The Contingency Fund is an emergency fund handled differently. Therefore, this statement is incorrect. Statement A is correct as per Article 110(1)(a). Statement B is correct as per Article 110(1)(c). Statement D is correct as per Article 110(1)(b). A bill containing *only* provisions related to these matters is deemed a Money Bill.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/mcq\/regarding-money-bill-which-of-the-following-statements-is-not-correct\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Regarding Money Bill, which of the following statements is not correct\" \/>\n<meta property=\"og:description\" content=\"A Money Bill is defined in Article 110(1) of the Indian Constitution. It lists specific matters that, if contained *only* in a bill, make it a Money Bill. Statement C says a Money Bill is concerned with the appropriation of moneys out of the Contingency Fund of India. Article 110(1)(d) specifies appropriation of moneys out of the Consolidated Fund of India, not the Contingency Fund. The Contingency Fund is an emergency fund handled differently. Therefore, this statement is incorrect. Statement A is correct as per Article 110(1)(a). Statement B is correct as per Article 110(1)(c). Statement D is correct as per Article 110(1)(b). A bill containing *only* provisions related to these matters is deemed a Money Bill.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/exam.pscnotes.com\/mcq\/regarding-money-bill-which-of-the-following-statements-is-not-correct\/\" \/>\n<meta property=\"og:site_name\" content=\"MCQ and Quiz for Exams\" \/>\n<meta property=\"article:published_time\" content=\"2025-06-01T10:59:57+00:00\" \/>\n<meta name=\"author\" content=\"rawan239\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"rawan239\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Regarding Money Bill, which of the following statements is not correct","description":"A Money Bill is defined in Article 110(1) of the Indian Constitution. It lists specific matters that, if contained *only* in a bill, make it a Money Bill. Statement C says a Money Bill is concerned with the appropriation of moneys out of the Contingency Fund of India. Article 110(1)(d) specifies appropriation of moneys out of the Consolidated Fund of India, not the Contingency Fund. The Contingency Fund is an emergency fund handled differently. Therefore, this statement is incorrect. Statement A is correct as per Article 110(1)(a). Statement B is correct as per Article 110(1)(c). Statement D is correct as per Article 110(1)(b). A bill containing *only* provisions related to these matters is deemed a Money Bill.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/exam.pscnotes.com\/mcq\/regarding-money-bill-which-of-the-following-statements-is-not-correct\/","og_locale":"en_US","og_type":"article","og_title":"Regarding Money Bill, which of the following statements is not correct","og_description":"A Money Bill is defined in Article 110(1) of the Indian Constitution. It lists specific matters that, if contained *only* in a bill, make it a Money Bill. Statement C says a Money Bill is concerned with the appropriation of moneys out of the Contingency Fund of India. Article 110(1)(d) specifies appropriation of moneys out of the Consolidated Fund of India, not the Contingency Fund. The Contingency Fund is an emergency fund handled differently. Therefore, this statement is incorrect. Statement A is correct as per Article 110(1)(a). Statement B is correct as per Article 110(1)(c). Statement D is correct as per Article 110(1)(b). A bill containing *only* provisions related to these matters is deemed a Money Bill.","og_url":"https:\/\/exam.pscnotes.com\/mcq\/regarding-money-bill-which-of-the-following-statements-is-not-correct\/","og_site_name":"MCQ and Quiz for Exams","article_published_time":"2025-06-01T10:59:57+00:00","author":"rawan239","twitter_card":"summary_large_image","twitter_misc":{"Written by":"rawan239","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/exam.pscnotes.com\/mcq\/regarding-money-bill-which-of-the-following-statements-is-not-correct\/","url":"https:\/\/exam.pscnotes.com\/mcq\/regarding-money-bill-which-of-the-following-statements-is-not-correct\/","name":"Regarding Money Bill, which of the following statements is not correct","isPartOf":{"@id":"https:\/\/exam.pscnotes.com\/mcq\/#website"},"datePublished":"2025-06-01T10:59:57+00:00","dateModified":"2025-06-01T10:59:57+00:00","author":{"@id":"https:\/\/exam.pscnotes.com\/mcq\/#\/schema\/person\/5807dafeb27d2ec82344d6cbd6c3d209"},"description":"A Money Bill is defined in Article 110(1) of the Indian Constitution. 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