Who among the following certifies that any bill is a Money Bill?
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Finance Minister
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Speaker of Lok Sabha
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Prime Minister
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None of these
B
Correct answer
Explanation
Option (1) is incorrect: Finance minister’s main function is to prepare the annual fiscal budget and issue adequate regulations for its execution.
Option (2) is correct: The Speaker of the Lok Sabha certifies if a finance bill is a Money Bill or not.
Option (3) is incorrect: The Prime Minister is head of government and is responsible for appointing ministers and assigning functions to them, etc.
Option (4) is incorrect.