Question
Regarding Money Bill, which of the following statements
is not correct?Solution
Under article 110 of the Indian Constitution, a bill is deemed to be "Money Bill" if it contains provisions dealing with (a) the imposition, abolition, remission, alteration or regulation of any tax; (b) the regulation of the borrowing of money or the giving of any guarantee by the Government of India. (c) the custody of the consolidated Fund or the Contingency Fund of India
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