Consider the following statements: 1. Every Money Bill is a Financial Bill. Which of the above statements is/are correct?
2. Every Financial Bill is a Money Bill.
Only 1
All Money Bills (defined under Article 110) deal with taxation, borrowing, Consolidated Fund, etc., so they are a subset of Financial Bills. Hence every Money Bill is a Financial Bill — statement 1 is correct.
However, Financial Bills also include Bills under Article 117(1) and 117(3), which deal with financial matters beyond the strict Article 110 list. So not every Financial Bill qualifies as a Money Bill — statement 2 is wrong.
Similar Questions
Consider the following statements:
1. Both the Prime Minister (PM) and Chief Minister (CM) can advise dissolution of the respective Lower House.
2. Only the PM can recommend President's Rule under Article 356 of the Constitution.
Which of the statements is/are correct?
Which Article empowers the Parliament to create laws on State List subjects under national interest?
Article 312 provides for creation of new ______ by Parliament.
Consider the following statements:
1. Article 262 empowers Parliament to set up tribunals for river disputes.
2. The Supreme Court has appellate jurisdiction in such disputes.
Which of the above is/are correct?
Fill in the blanks:
Taxes on interstate trade are restricted by Article ____ unless Parliament otherwise provides.
What is the role of Article 263 in maintaining Union-State coordination?
Consider the following statements about the Rajya Sabha and choose the correct option:
1) Rajya Sabha is a continuing house of the Parliament, immune to dissolution under any circumstance.
2) Rajya Sabha members serve staggered six-year terms, with one-third retiring every two years.
Fill in the blanks: Zonal Councils were created by the ______ Act, 1956.
Which of the following statements regarding the distribution of legislative powers between the Union and State legislatures is correct?
Which of the following correctly reflects the legal implication of Article 255 regarding presidential or governor's assent to bills?
Important Questions from Parliament and State Legislature
What will happen ?
Supposing a Constitutional amendment bill related to amend article 368 of the Constitution is under consideration in Lok Sabha. 270 members are present there. In the voting all present members vote in the favour of the bill. The bill.
Which amongst the following states sends highest number of parliamentarians in Lok Sabha?
How many members can be nominated in Rajya Sabha by the President?
Which of the following is not a session of Lok Sabha?
Consider the following statements :
(a) The term of Legislative Assembly can be extended in case of proclamation of National Emergency by the President.
(b) The President shall have the power to extend the term of Legislative Assembly for six months at a time during Emergency.
(c) The extension of Legislative Assembly cannot continue beyond a period of six months after the Emergency has ceased to operate.
Which of the statements given above is/are correct?
