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What constitutes the definition of Money Bill under Article 110 of the Indian Constitution?

HPPSC Β· 2022 Β· GS1
Question:
What constitutes the definition of Money Bill under Article 110 of the Indian Constitution?

Options

(1) The imposition, abolition, alteration in regulation of any tax
(2) The regulation of borrowings of money by central government
(3) The appropriation of money out of the consolidated fund of India
(4) All of the above
Answer: (4) All of the above

Explanation:
Article 110 of the Indian Constitution defines a Money Bill as one that contains provisions dealing with: (a) imposition, abolition, remission, alteration, or regulation of any tax; (b) regulation of government borrowing; (c) custody of the Consolidated Fund or Contingency Fund of India; (d) appropriation of money out of the Consolidated Fund; (e) declaring expenditure as charged; (f) receipt of money on account of the Consolidated Fund; or (g) any incidental matter. Hence all three listed items fall within the definition.

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