ICSE Class 10 Answered

How is the Money bill introduced in the Lok Sabha?

Asked by Topperlearning User | 02 May, 2016, 12:23: PM

Expert Answer

A money bill is introduced in the Lok Sabha by the Finance Minister on prior recommendation of the President. The Opposition is given a chance to speak freely on the financial aspect of the bill at this stage. The introduction of this money bill is known as the first reading of the bill.

Answered by | 02 May, 2016, 02:23: PM