Indian Polity : Parliament
Q 16 / 51
Regarding Money Bill, which of the following statements is not correct ?
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.
B
A Money Bill has provisions for the custody of the Consolidated Fund of India or the Contingency Fund of India.
C
A Money Bill is concerned with the appropriation of moneys out of the Contingency Fund of India.
D
A Money Bill deals with the regulation of borrowing of money or giving of any guarantee by the Government of India.