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UPSC 2018: Regarding Money Bill, which of the following statements is not correct?
(a)A bill shall be deemed to be a Money Bill if it contains only provisions relating to imposition, abolition, remission, alteration or regulation of any tax.
(b)A Money Bill has provisions for the custody of the Consolidated Fund of India or the Contingency Fund of India.
(c)A Money Bill is concerned with the appropriation of moneys out of the Contingency Fund of India.
(d)A Money Bill deals with the regulation of borrowing of money or giving of any guarantee by the Government of India.
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Not attemptedCorrect Answer: (c) A Money Bill is concerned with the appropriation of moneys out of the Contingency Fund of India.
Article 110(1) treats a Bill as a Money Bill if it contains ONLY provisions on matters such as taxation (clause a), custody of the Consolidated or Contingency Funds (clause c), appropriation of money out of the Consolidated Fund (clause d), regulation of borrowing, etc. It does NOT mention appropriation from the Contingency Fund. Hence statement (c) is not correct, while the other three statements reproduce clauses of Article 110 accurately. ([indiankanoon.org](https://indiankanoon.org/doc/72095/?utm_source=openai))
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Frequently Asked Questions
What is the correct answer to this UPSC 2018 Indian Polity question?▼
The correct answer is option (c): A Money Bill is concerned with the appropriation of moneys out of the Contingency Fund of India.. Watch the detailed video explanation in our Sherlocking Prelims course on UnlockIAS.
Which year was this Parliament & State Legislatures question asked in UPSC Prelims?▼
This question was asked in UPSC CSE Prelims 2018, GS Paper 1, as Question 31. It falls under Indian Polity > Parliament & State Legislatures.
What is the difficulty level of this UPSC question?▼
This question is rated "moderate". It requires sound conceptual understanding of the topic.
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UPSC has asked 63 questions from Parliament & State Legislatures (under Indian Polity) across multiple years. Visit the topic page to see the full list and year-wise trends.