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The correct answer is option 1: President of India.
A Money Bill in the Parliament can only be introduced with the recommendations of the President of India.
To understand this, it is important to know what a Money Bill is. A Money Bill is a type of legislation that deals with financial matters, such as taxation, government borrowing, or expenditure. It is important to note that not all financial matters fall under the category of a Money Bill.
The Constitution of India specifically lays down the procedure for the introduction and passing of Money Bills. According to Article 110 of the Indian Constitution, a Money Bill can only be introduced in the Parliament by the recommendation of the President. This means that the President has to give prior approval for the introduction of a Money Bill.
The other options provided in the question—Union Cabinet, Speaker of the Lok Sabha, and Union Finance Minister—do not have the authority to introduce a Money Bill on their own. While they may play an important role in the legislative process, the ultimate authority lies with the President in this specific context.
In conclusion, a Money Bill in the Parliament can only be introduced with the recommendations of the President of India.