State which of the following statements is incorrect ........

Indian Polity (Easy) Union - Executive, Legisture

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State which of the following statements is incorrect:

A money bill deals with imposition, remission, alteration or regulation oftax

A money bill deals with regulation borrowing money or giving of any guarantee by theGovernment

A money bill deals with the money of the consolidated fund

A money bill is one which provides for the imposition of fines or fees.

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Explanation:

A money bill is one which provides for the imposition of fines or fees.

Money Bills generally deals with matters relating to the imposition, abolition, remission, alteration or regulation of any tax. A bill is not a money bill if it provides for:
The imposition of fines or other pecuniary penalties or the demand or payment of a fee.