A money bill can be introduced in

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Q: (SSC/0)
A money bill can be introduced in

question_subject: 

Polity

question_exam: 

SSC

stats: 

0,21,3,2,1,21,0

keywords: 

{'lok sabha': [42, 3, 20, 27], 'rajya sabha': [50, 3, 22, 40], 'money bill': [7, 1, 3, 9], 'parliament': [15, 1, 3, 8], 'council': [0, 0, 1, 0]}

The correct answer is option 3, only House of the People (Lok Sabha). A money bill can only be introduced in the Lok Sabha, which is the lower house of the Parliament. The Rajya Sabha, or the Council of States, does not have the power to introduce a money bill.

A money bill relates to matters such as taxation, borrowing of money by the government, and the custody, payment, and withdrawal from the Consolidated Fund of India. These bills are exclusively within the jurisdiction of the Lok Sabha.

It is important to note that a money bill requires the recommendation of the President of India before it can be introduced in the Lok Sabha. Once passed by the Lok Sabha, it is sent to the Rajya Sabha for review. However, the Rajya Sabha can only make recommendations and cannot make amendments to a money bill.

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