Which article of the Constitution deals with money bills-

A Article-130
B Article-110
C Article-120
D Article-100

Correct Answer: Article-110

Money bill has been defined under Article-110 of constitution. According to this article, a money bill is a bill which deals with all or any of the subject related to taxation, borrowing of money by government, financial, , obligation of government or any financial transaction from consolidated fund of India and contingency fund of India.

Related Questions

Answer the question on the basis of the given information. Businesses are suffering because of lack of money available for development loans.To help businesses,the government plans to modify the income- tax structure in order to induce individual tax payers to put a larger portion of their incomes into retirement savings accounts, because as more money is deposited in such accounts, more money becomes available to borrowers. Which of the following, if true, raises the most serious doubt regarding the effectiveness of the government's plan to increase the amount of money available for development loans for businesses?

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