The central government has decided to move the following bills in the coming session of parliament. Which of these can only be introduced in the Lok Sabha ?
1. a bill for imposition of fine for spitting on roads as part of Swachha Bharat Abhiyan
2. a bill for limiting the borrowing of money by government to reduced fiscal deficit.
3. a bill for imposition of luxury tax on expensive items
Select the correct answer using the codes given below.
1 and 2 only
1 and 3 only
2 and 3 only
1, 2 and 3
Explanation:
c) 2 and 3 only. Basically the question is asking you that which of those are money bill. The definition and details of money bill are given in article 110. Money bill includes (a) the imposition, abolition, remission, alteration or regulation of any tax; (b) the regulation of the borrowing of money by the Government of India (c) the custody of the Consolidated Fund or the Contingency Fund of India (d) the appropriation of moneys out of the Consolidated Fund of India; (e) the declaring of any expenditure to be expenditure charged on the Consolidated Fund of India (f) the receipt of money on account of the Consolidated Fund of India or the public account of India (g) any matter incidental to any of the matters specified in sub-clauses (a) to (f). Imposition of fines/penalties are NOT considered money bill. Also please note that these are just imaginary bills that I framed for the question :)
c) 2 and 3 only. Basically the question is asking you that which of those are money bill. The definition and details of money bill are given in article 110. Money bill includes (a) the imposition, abolition, remission, alteration or regulation of any tax; (b) the regulation of the borrowing of money by the Government of India (c) the custody of the Consolidated Fund or the Contingency Fund of India (d) the appropriation of moneys out of the Consolidated Fund of India; (e) the declaring of any expenditure to be expenditure charged on the Consolidated Fund of India (f) the receipt of money on account of the Consolidated Fund of India or the public account of India (g) any matter incidental to any of the matters specified in sub-clauses (a) to (f). Imposition of fines/penalties are NOT considered money bill. Also please note that these are just imaginary bills that I framed for the question :)