MCQs Based On Political Science- (18)

Correct Option: 3. Six months
Explanation : After receiving a bill from the first House, the second house can take following mentioned actions: –
(i) It may pass the bill as sent by the first house (i.e. without any amendment).
(ii) It may pass the bill with amendments and return it to the first House for reconsideration.
(iii) It may reject the bill altogether. (iv) It may not take any action and keep the bill pending.
Kindly note: –
if the second house does not take any action for six months, then the joint sitting is called to resolve the deadlock between the two Houses.

Correct Option: 4. The imposition of fine or pecuniary penalties
Explanation : A Money Bill in the Indian Parliament deals with matters related to taxation, public expenditure, and government revenue. Specifically:
Article 110 of the Constitution of India:
A Money Bill must exclusively deal with:
1. Imposition, abolition, remission, alteration, or regulation of any tax.
2. Borrowing of money or giving of any guarantee by the Government of India.
3. Custody, management, and appropriation of money.
4. Appropriation of money out of the Consolidated Fund of India for expenditure.
5. Declaration of any expenditure as a charge on the Consolidated Fund of India.
6. Audit and accounts of the Government of India.
7. Receipts and expenditure of the Government of India.
Examples of provisions typically found in a Money Bill:
1. Tax rates and slabs.
2. Customs and excise duties.
3. Income tax, corporate tax, and other direct taxes.
4. Goods and Services Tax (GST).
5. Government borrowings and lending.
6. Allocation of funds for various ministries and departments.
7. Salary and allowances of government officials.
Characteristics of a Money Bill:
1. Introduced only in the Lok Sabha (Lower House).
2. Must be recommended by the President.
3. Passed by a simple majority in the Lok Sabha.
4. Rajya Sabha (Upper House) can only make recommendations, not reject or amend.
5. Assent of the President required.
Consequences of a Money Bill:
1. Becomes law after President’s assent.
2. Has binding effect on all citizens.
3. Enables government to collect taxes and spend funds.
Money Bills are crucial for the government to manage public finances, implement budgetary policies, and allocate resources.
-Kindly note: –
Imposition, abolition, remission, alteration or regulation of any tax by any local authority or body for local purposes can not be a reason for a bill to be deemed to be a money bill.

Correct Option: 3. The Speaker of Lok Sabha
Explanation : The decision of the Speaker of Lok Sabha is final on the question of a bill is a money bill or not. His decision in this regard cannot be questioned in any court of law or by either house of the Parliament or even by the President.
Kindly note : –
A money bill can be introduced only in Lok sabha and that too on the recommendation of the President.

Correct Option: 3. The president cannot withhold his assent to a Money bill
Explanation : The president can give his assent or withhold his assent to a Money bill. But he cannot return the bill for reconsideration of the Houses.
-The money bill is introduced only in the Lok sabha and not in the Rajya, the Rajya cannot reject or amend the money bill, it can only make recommendation and it is upto Lok sabha to accept or reject such recommendations hence Lok sabha has more power than Rajya sabha in case of Money bill.
– In case of ordinary bills, both the houses have equal powers.

Correct Option: 2. Article 17
Explanation : Financial bills are dealt by the Article 17 of the Constitution. Whereas the provisions of Money bill are mentioned in the Article 110 of the Constitution.