Discussion
A Money Bill can be introduced in Parliament only
Answer: A
Correct answer: In the Lok Sabha, on the recommendation of the President
A Money Bill may be introduced only in the Lok Sabha and only on the recommendation of the President, under Article 117. It can be moved only by a minister. The requirement of presidential recommendation reflects the principle that the executive alone can propose taxation and expenditure; the legislature grants or refuses, but does not initiate. Once passed by the Lok Sabha, the Rajya Sabha may keep the bill for no more than fourteen days and may only make recommendations, which the Lok Sabha is free to reject. There can be no joint sitting on a Money Bill, since no deadlock can arise. A bill is a Money Bill only if it deals exclusively with the matters listed in Article 110 - taxation, borrowing, the Consolidated and Contingency Funds, appropriation, and related matters. The Speaker’s certificate that it is one is final, and that certification has itself become contentious, since it determines whether the Rajya Sabha has any real say.
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