With reference to the comparison of the Money Bills and Finance Bills, consider the following statements?
1. While Money Bill deals exclusively with taxation, borrowing and expenditure; Finance Bill has a broader coverage
2. Both Money Bill and Finance Bill require certificate by the speaker
Which of the above is / are correct statements?
The second statement is incorrect. Only Money bill requires a certificate from the speaker and not the finance bill.
This question is a part of GKToday's Integrated IAS General Studies Module