Fill in the blanks:
A Bill that "imposes a new tax" is categorised at the Centre as a ___________ Bill.
Show answer & explanation
Correct answer: A
Explanation
The correct answer is option 1 i.e. Money.
Under Article 110 of the Indian Constitution, a Bill is a Money Bill if it deals exclusively with matters like the imposition, abolition, remission, or regulation of any tax.
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Ordinary Bill: Deals with any matter other than financial subjects, such as social or administrative reforms.
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Private Bill: A Bill introduced by any Member of Parliament who is not a Minister.
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Constitutional Bill: A Bill introduced under Article 368 to amend the provisions of the Constitution.