Q. Consider the following Bills: - Money bill
- Financial Bill of category A
- Financial Bill of category B
Which of the above can be introduced only in Lok Sabha?
Answer:
1 & 2 Only
Notes: Financial bill of category B can be introduced in either House of the Parliament. Money Bills are those Bills which contain only provisions dealing with all or any of the matters specified in sub-clauses (a) to (f) of clause (1) of article 110 of the Constitution. Money Bills and Financial Bills of Category A can be introduced only in the Lok Sabha.