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In India, the Constitution makes a clear distinction between a money bill and a financial bill. Compare and Contrast.

Topic: Indian Constitution—historical underpinnings, evolution, features, amendments, significant provisions and basic structure.

5. In India, the Constitution makes a clear distinction between a money bill and a financial bill. Compare and Contrast. (250 words)

Difficulty level: Moderate

Reference: Indian Express

Why the question:

The article discusses the differences between money bills and financial bills in the context of Indian parliamentary procedures

Key Demand of the question:

To differentiate between a money bill and a financial Bill along with relevant constitutional provisions.

Directive word: 

Compare and contrast – provide for a detailed comparison of the two types, their features that are similar as well as different. One must provide for detailed assessment of the two.

Structure of the answer:

Introduction: 

Given context of Articles 110 and 117 of the Indian Constitution.

Body:

Compare and contrast the money bills and financial bills on the following – while both money bills and financial bills deal with financial matters, lies in their origination, the requirement of the President’s recommendation, the process of passage, the role of the Rajya Sabha, and the Speaker’s certification etc. Give examples to substantiate.

Conclusion:

Conclude by summarising.