How is money bill passed? for class 7
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Money Bills can be introduced only in Lok Sabha (the directly elected 'people's house' of the Indian Parliament). Money bills passed by the Lok Sabha are sent to the Rajya Sabha (the upper house of parliament, elected by the state and territorial legislatures or appointed by the president).
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How is money bill passed? for class 7
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In the Westminster system (and, colloquially, in the United States), a money bill or supply bill is a bill that solely concerns taxation or government spending (also known as appropriation of money), as opposed to changes in public law.
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