Money Bill

Q.  Which of the following is/are true?

1) If a bill is a combination of financial matters and some other provisions not incidental to those matters, it can be called a money bill.
2) There is no remedy lying with Rajya Sabha for wrong decision taken by speaker regarding certification of money bill.

- Published on 01 Jun 16

a. Only 1
b. Only 2
c. Both 1 and 2
d. Neither 1 nor 2

ANSWER: Only 2
 
  • Article 110 defines what constitutes money bill and the Constitution has vested power to certify money bill in Lok Sabha Speaker, whose decision is final.
  • If any question arises whether a bill is a money bill or not, the decision of the Speaker of the Lok Sabha is final. His decision in this regard cannot be questioned in any court of law or in the either House of Parliament or even the president.
  • Only those financial bills are money bills which contain exclusively those matters which are mentioned in Article 110 of the Constitution.

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