A money bill under Article 111 of the Constitution of India, presented to the President for assent, has to be endorsed by a Certificate of the _______________ signed by him/her that it is a money bill.
Show answer & explanation
Correct answer: A
Explanation
The correct answer is option 1 i.e. Speaker of the Lok Sabha.
- A money bill under Article 111 of the Constitution of India, presented to the President for assent, has to be endorsed by a Certificate of the Speaker of the Lok Sabha signed by him/her that it is a money bill.
- In India, a money bill is a type of legislation that exclusively deals with matters related to taxation, government expenditure, borrowing of money, or matters incidental to these subjects.