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Current Affairs·Easy

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

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

Options

  1. 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.

  2. b.

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

  3. c.

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

    Correct answer
  4. d.

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

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