RRaahUPSC
2018 · Polity & GovernancePrevious Year Question
Q31.
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.
Answer

C

Explanation

Article 110 of the Constitution defines money bills. Under Article 110, a Money Bill is concerned with the appropriation of money out of the CONSOLIDATED Fund of India (not the Contingency Fund). Hence statement (c) is the incorrect statement - it should be 'Consolidated Fund' not 'Contingency Fund'.
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