On Whose Recommendation Money Bill can be introduced in Lok Sabha ?

B.A./B.COM. LL.B. (5 YEAR LAW / U.G. LAW) Panjab University Entrance Exam 2024 : MCQs and Answer Key

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On Whose Recommendation Money Bill can be introduced in Lok Sabha ?

A: Speaker

B: Chairman

C: President

D: Vice-President

The answer is: C

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Explanation

The correct option is C: President.

A Money Bill can only be introduced in the Lok Sabha on the recommendation of the President of India. According to Article 110 of the Indian Constitution, a Money Bill deals with matters such as taxation, borrowing of money by the government, and expenditure from the Consolidated Fund of India. The President's recommendation is a constitutional requirement to ensure that the executive branch has a say in financial matters before they are presented to the legislature.