Question

Whose certification is final regarding whether a bill is a Money Bill or not?

• A. Finance Minister
• B. The President of India
• C. Speaker of the Lok Sabha
• D. The Prime Minister of India

Hint:

Article 110(3): \[ \boxed{\text{Speaker of Lok Sabha}} \] has the final authority to determine whether a bill is a Money Bill.

Answer 1

The Correct Option is C

Step 1: Understand Money Bills.
A Money Bill deals only with taxes, government borrowing and public funds, and follows a special procedure.

Step 2: Find the deciding authority.
Article 110(3) says if any question arises whether a bill is a Money Bill, the Speaker of the Lok Sabha decides, and that decision is final.

Step 3: See why the Speaker.
Money Bills start only in the Lok Sabha, so the Speaker certifies them.

Step 4: Rule out the others.
The Finance Minister only introduces the bill, the President only gives assent, and the Prime Minister has no such power.

Answer: Speaker of the Lok Sabha (Option 3).