Question

    Who has the authority to determine whether a bill is a Money Bill?

    A President of India Correct Answer Incorrect Answer
    B Prime Minister Correct Answer Incorrect Answer
    C Speaker of the Lok Sabha Correct Answer Incorrect Answer
    D Finance Minister Correct Answer Incorrect Answer

    Solution

    The Speaker of the Lok Sabha holds the definitive authority to classify a bill as a Money Bill. This decision is critical as it pertains to the bill's content primarily involving matters like taxation, borrowing, and other financial subjects, as stated in Article 110 of the Indian Constitution.

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