OPSC OAS 2020 PrelimsPolityQuestion 9
Solved previous year question from the OPSC OAS/OCS 2020 Preliminary Examination (General Studies), with the official answer key and a detailed explanation.
Question
Any money bill cannot be introduced in the Parliament without the consent of the :
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Answer & Explanation
Correct answer: (C) The Speaker of the Lok Sabha
- According to Article 110 of the Indian Constitution, a Money Bill deals exclusively with matters like taxation, borrowing of money, expenditure from the Consolidated Fund of India, etc.
- However, before a bill can be certified and introduced as a Money Bill, it requires the *certification of the Speaker of the Lok Sabha*.
- Only after the Speaker declares the bill as a Money Bill can it be introduced in the Lok Sabha (not in the Rajya Sabha), and only by a minister, generally the Finance Minister.
Other options
- The Prime Minister is not constitutionally involved in this specific certification.
- The Chairman of the Rajya Sabha (i.e., the Vice-President of India) has no role in the process of introducing a Money Bill.
- While the Finance Minister usually introduces the bill, it cannot be done without the Speaker’s certification.
