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Polity › Types of Bills

Polity › Types of Bills

Regarding Money Bill, which of the following statements is not correct?

Options

(a)

A Bill shall be deemed to be a Money Bill if it contains only provisions relating to imposition, abolition, remission, alteration or regulation of any tax.

(b)

A Money Bill has provisions for the custody of the Consolidated Fund of India or the Contingency Fund of India

(c)

A Money Bill is concerned with the appropriation of money out of the Contingency Fund of India

(d)

A Money Bill deals with the regulation of borrowing of money or giving of any guarantee by the Government of India.

Answer

(C)