pyq/2018/prelims/31

Regarding Money Bill, which of the following statements is not correct?

(A) A bill shall be deemed to be a Money Bill if it contains only provisions relating to imposition, abolition, remission, alteration or regulation of any tax.

(B) A Money Bill has provisions for the custody of the Consolidated Fund of India or the Contingency Fund of India.

(C) A Money Bill is concerned with the appropriation of money out of the Contingency Fund of India.

(D) A Money Bill deals with the regulation of borrowing of money or the giving of any guarantee by the Government of India.