Q: Which one of the following statements about Money Bill is NOT correct ?
(a)Money Bill cannot be introduced in the Council of States.
(b)The Council of States has no power to reject or amend the Money Bill.
(c)The Speaker of the Lok Sabha has the sole and final power in deciding whether a Bill is a Money Bill or otherwise.
(d)The Council of States has no power to discuss the Money Bill.
Correct Answer: (d)
The correct answer is (c) 'The Speaker of the Lok Sabha has the sole and final power in deciding whether a Bill is a Money Bill or otherwise.'. This question from the Indian Polity domain tests knowledge of Parliament & State Legislatures.