Question

Regarding Money Bill, which of the following statements is not correct?

Q: Answer-Regarding Money Bill, which of the following statements is not correct?

Under article 110 of the Indian Constitution, a bill is deemed to be Money Bill if it contains provisions dealing with a the imposition, abolition, remission, alteration or regulation of any tax b the regulation of the borrowing of money or the giving of any guarantee by the Government of India. c the custody of the consolidated Fund or the Contingency Fund of India

A 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

B A Money Bill has provisions for the custody of the Consolidated Fund of India or the Contingency Fund of India

C A Money Bill is concerned with the appropriation of moneys out of the Contigency Fund of India

D A Money Bill deals with the regulation of borrowing of money or giving of any guarantee by the Government of India

Practice Next