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GAYTRI SHARMA

· started a discussion

· 1 Months ago

A Finance Bill is a Money Bill as defined in Article 110 of the Constitution.

Question:
Financial Bill belongs to:
Options:
A) Article 111
B) Article 112
C) Article 116
D) Article 117 
Solution:
Ans (d) 

Financial Bill (I) belong to Article 117 (1) and Financial Bill (II) to Article 117 (3)

Abhishek Nath

· commented

· 1 Months ago

See, the thing is all money bills are finance bills, but all finance bills are not money bills. Only those Finance Bills are Money Bills which are mentioned in the Article 110. Hence the name is different... Article 117 however, deals with the Finance Bill I and II... But yeah, the options do create some confusion... We are taking care of that...

GAYTRI SHARMA

· commented

· 1 Months ago

In a general sense, any Bill that relates to revenue or expenditure is a Financial Bill. A Money Bill is a specific kind of Financial Bill, defined very precisely: it must deal only with matters specified in Article 110 (1) (a) to (g).

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