Question

Whether a Bill is a Money Bill or not will be decided by the _________.
(A) Speaker of the Lok Sabha
(B) Chairman of the Rajya Sabha
(C) Finance Minister
(D) Prime Minister

Answer 1

Hint: The speaker of the Lok Sabha determines whether the bill in the parliament is a money bill or not, to make confident that Rajya Sabha doesn't revise the bill by expanding some non-money topics. The speaker of Lok Sabha Certifies the bill as a money bill before delivering it to the upper house and the conclusion of the speaker is constraining on both the houses.

Complete step-by-step solution:
Article 110 of the constitution pacts with the money bill expresses that a bill is considered to be a money bill if it comprises only provisions handling all or any of the following matters connected to taxation.
The restriction of the borrowing of money by the union government.
The supervision of the consolidated fund of India or the Contingency Fund of India. The expenditure of money into or the withdrawal of money from any such reserve.
The allowance of money out of the consolidated fund of India.
Proclamation of any expenditure accused on the consolidated fund of India or boosting the proportion of any such expense.
The permit of money on account of the consolidated fund of India or the public account of India or the supervision or matter of such money or audit of the catalogs of the union or a state or any matter incidental to any of the issues stipulated above.
Article 110 with money bill:
The pact with only provisions quoted in article 110.
The Speaker of Lok Sabha (House of Commons) concludes whether a bill is a money bill or not.
Money bills can be acquainted only in Lok sabha.
The President's guidance is required to enroll them.
It cannot be revised or rejected by the Rajya Sabha.

Thus, option (A) is correct.

Note: The President can either approve or oppose a money bill but cannot reimburse it for reconsideration. No condition for a cooperative crouching of both the houses to determine the deadlock.