Question

Who decides that a bill is money bill or not

  1. President
  2. Prime minister
  3. Speaker of Lok Sabha
  4. Cabinet of ministers

Answer:

Option C: Speaker of Lok Sabha

Detailed Solution:

The correct answer is “Speaker of Lok Sabha”.

According to Article 110 of the Indian Constitution, the Speaker of Lok Sabha has the authority to decide whether a bill is a Money Bill or not.