Question

According to the Indian Constitution the money bills can be introduced as ___________
A. The Lok Sabha only
B. The Rajya Sabha only
C. The joint sessions of Rajya Sabha and Lok Sabha only
D. The Council of the Ministers

Answer 1

Hint It is otherwise called House of the People. It is the lower place of India's bicameral Parliament, with the upper house being the Rajya Sabha. Individuals from this Sabha are chosen by grown-up general testimonials and the first-past-the-present framework on speak to their separate supporters, and they hold their seats for a very long time or until the President disintegrates the body on the counsel of the committee of pastors.

Complete step-by-step Solution
 A Money Bill can be presented in Lok Sabha as it were. In the event that any inquiry emerges if a Bill is a Money Bill, the choice of Speaker subsequently is conclusive. The Speaker is under no commitment to counsel anyone in going to a choice or in giving his authentication that a Bill is a Money Bill. Methodology for a Money Bill
Cash Bills can be presented distinctly in Lok Sabha (the legitimately chose 'individuals' place' of the Indian Parliament). Cash bills passed by the Lok Sabha are shipped off the Rajya Sabha (the upper place of parliament, chosen by the state and regional assemblies or designated by the president). The Rajya Sabha may not revise cash charges yet can suggest alterations. To ensure that Rajya Sabha doesn't revise the bill by adding some non-cash matters (known as Financial Bill), the Speaker of the Lok Sabha confirms the bill as a cash bill prior to sending it to the upper house, and the choice of the Speaker is authoritative on both the Houses.
 A cash bill must be gotten back to the Lok Sabha within 14 days, or the bill is regarded to have passed the two houses in the structure it was initially passed by the Lok Sabha. At the point when a Money Bill is gotten back to the Lok Sabha with the suggested revisions of the Rajya Sabha, it is available to the Lok Sabha to acknowledge or dismiss any or the entirety of the proposals. A cash bill is considered to have passed the two houses with any prescribed changes the Lok Sabha decides to acknowledge, and with no that it decides to decay. In Article 110 of The Constitution of India the meaning of "Cash Bill" is given. A monetary bill is definitely not a Money Bill except if it satisfies the necessities of Article 110. The Speaker of the Lok Sabha confirms if a budgetary bill is a Money Bill or not.

So, option A is the correct answer.
Note: In the Westminster system, a money bill or supply bill is a bill that solely concerns taxation or government spending (also known as appropriation of money), as opposed to changes in public law.