A bill is a Money Bill or not will be decided by

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Q: (SSC/0)
A bill is a ‘Money Bill’ or not will be decided by

question_subject: 

Polity

question_exam: 

SSC

stats: 

0,32,6,0,4,2,32

keywords: 

{'money bill': [7, 1, 3, 9], 'rajya sabha': [50, 3, 22, 40], 'bill': [16, 1, 6, 29], 'lok sabha': [42, 3, 20, 27], 'finance minister': [4, 0, 3, 1], 'chairman': [0, 0, 3, 5], 'president': [4, 0, 2, 1]}

The correct answer is option 4, Speaker of Lok Sabha. The Speaker of Lok Sabha has the authority to decide whether a bill is a `Money Bill` or not. A `Money Bill` is a bill that exclusively deals with matters related to taxation, borrowing of money by the government, or expenditure from the Consolidated Fund of India. The Speaker`s decision on the classification of a bill as a `Money Bill` is final and binding. The Finance Minister, President, and Chairman of Rajya Sabha do not have the power to determine whether a bill is a `Money Bill.` It is important to note that a `Money Bill` can only be introduced in the Lok Sabha, and once passed by the Lok Sabha, it is sent to the Rajya Sabha for its recommendations.

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