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How is the Money bill introduced in the Lok Sabha?


Asked by Topperlearning User 2nd May 2016, 12:23 PM
Answered by Expert

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 Expert 2nd May 2016, 2:23 PM
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