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 moneys out of the Contingency Fund of India.
d
A Money Bill deals with the regulation of borrowing of money or giving of any guarantee by the Government of India.
Indian Parliament & FinanceMoney Bill (Article 110)Money BillArticle 110taxConsolidated Fund of IndiaContingency Fund of IndiacustodyappropriationborrowingGovernment of India