Regarding Money Bill, which of the following statements is not correct ?
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Answer: C. Article 110 covers appropriation of money out of the Consolidated Fund of India, not the Contingency Fund. So statement C is the incorrect one. Statements A, B and D are covered by Article 110(1).
Watch for: Article 110 mentions the Contingency Fund for custody, so students assume it also covers appropriation.
Why the other options are wrong
- A. Wrong because A correctly reflects Article 110(1), which covers taxes.
- B. Wrong because custody of both funds is listed in Article 110(1)(c).
- D. Wrong because borrowing and guarantees are listed in Article 110(1)(b).
Source to check: Constitution of India, Article 110(1)(a)–(g)
Answer from the official UPSC key. Written and fact-checked by AI against the official key. Spotted a mistake? Report it.