Multiple choice

Which constitutional body has the power to introduce money bills?

  1. Finance Commission of India

  2. Finance Ministry

  3. Lok Sabha

  4. Reserve Bank of India

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Money bills can only be introduced in the Lok Sabha, the lower house of Parliament, as it represents the direct will of the people regarding financial matters. The Rajya Sabha has limited powers regarding money bills.