polity medium true/false

Money Bills can be introduced only in the Lok Sabha and require prior recommendation of the President.

  1. True
  2. False

Answer: True

Article 110 defines Money Bills. They can only be introduced in Lok Sabha with President's prior recommendation (Article 117). Rajya Sabha can only recommend changes within 14 days; Lok Sabha may accept/reject them.

Topic Legislative Procedure
Exam Relevance Critical procedural question for all exams, especially Banking and SSC

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