What is the next number in the series: 10, 9, 11, 8, 12, 7, ___
A Money Bill is a specific type of bill in a legislative system that deals exclusively with national revenue or expenditure. In the context of India, a Money Bill is defined under Article 110 of the Indian Constitution and can only be introduced in the Lok Sabha, not the Rajya Sabha. Features of a MRead more
A Money Bill is a specific type of bill in a legislative system that deals exclusively with national revenue or expenditure. In the context of India, a Money Bill is defined under Article 110 of the Indian Constitution and can only be introduced in the Lok Sabha, not the Rajya Sabha.
Features of a Money Bill
- Purpose: It exclusively concerns financial matters such as taxation, borrowing of money by the government, or the expenditure from the Consolidated Fund of India.
- Initiation: It can only be introduced on the recommendation of the President and only in the Lok Sabha.
- Role of Rajya Sabha: The Rajya Sabha cannot amend a Money Bill but can recommend changes, which the Lok Sabha may accept or reject.
- Approval: Once passed by the Lok Sabha, the bill is sent to the Rajya Sabha, which must return it within 14 days with or without recommendations.
- Certification: The Speaker of the Lok Sabha certifies whether a bill is a Money Bill.
Examples of Money Bill contents
- Imposition, abolition, remission, alteration, or regulation of any tax.
- The borrowing of money or the giving of any guarantee by the Government of India.
- The custody of the Consolidated Fund of India or the Contingency Fund of India.
Understanding these features helps differentiate a Money Bill from other types of bills in the legislative process.
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Answer will be 13 as 7+6=13
Answer will be 13 as 7+6=13
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