What is a Money Bill as per Article 110?

• A. A bill that solely deals with taxes, borrowing, or expenditure
• B. A bill related to state budgets
• C. A bill that concerns legislative procedures
• D. A bill dealing with international treaties

Answer: (A)

A Money Bill, as defined in Article 110 of the Indian Constitution, is a specific category of legislation that primarily pertains to monetary matters. This includes the imposition, abolition, remission, alteration, or regulation of any tax, as well as the borrowing of money by the government or expenditure from the Consolidated Fund of India. The critical aspect of a Money Bill is that it can only be introduced in the Lok Sabha, and the Rajya Sabha cannot amend or reject it but can only make recommendations which the Lok Sabha is not bound to accept.

This unique designation means that any bill that covers these financial aspects falls under the definition of a Money Bill. The provision ensures that financial legislation is primarily handled by the house that represents the public and is reflective of the government's commitment to fiscal responsibilities. Thus, the answer correctly encapsulates the essence of what constitutes a Money Bill under Article 110.