The correct answer is option 3, The Speaker of the Lok Sabha.
In the Indian parliamentary system, a Money Bill is a special type of bill that deals primarily with financial matters such as taxation, borrowing of money by the government, and appropriation of funds. The Constitution of India defines the procedure for determining whether a bill is a Money Bill or not.
According to Article 110 of the Constitution, if any question arises regarding whether a bill is a Money Bill or not, the decision of the Speaker of the Lok Sabha is final. The Speaker is the presiding officer of the Lok Sabha, which is the lower house of the Indian Parliament.
The Speaker has the authority to determine whether a bill falls under the definition of a Money Bill as per the Constitution. This ensures that there is a mechanism in place to avoid any ambiguity or conflicts regarding the classification of bills related to financial matters.
Therefore, in case of any dispute or question about the categorization of a bill as a Money Bill, the final decision rests with the Speaker of the Lok Sabha. It is important to mention that this decision is binding and cannot be overruled by any other authority.