Question Discussion & Solution

The correct answer is Speaker.

Key Points

• Before sending it to the upper house, The Speaker of the Lok Sabha certifies the bill as a money bill. Hence, option 3 is correct.
• The Speaker's decision is binding on both the Houses.
• The Bill can be introduced only in Lok Sabha.
• When a Money Bill is returned to the lower house with the recommended amendments of the Rajya Sabha, the bill is open to the Lok Sabha to accept or reject any or all of the recommendations.

Important Points

• Money bills passed by the lower house are sent to the Rajya Sabha.
• The Rajya Sabha can recommend amendments.
• The Rajya Sabha can not amend money bills.

The correct answer is Article 14.

Key Points

• Article 14 states for equality before the law.
  • All persons are equal before the law.
  • It provides equal protection before laws.
• Article 19 is related to the right to freedom.
  • It gives 6 types of freedom to Indian citizens.
• Article 21 is related to the protection of life and personal liberty. 
  • It gives the fundamental right to live life.
• Article 256 is related to the executive power of the state.

The correct answer is 42nd Amendment.

Key Points

• The term "Secular" was added to the Preamble by Indira Gandhi Government in the 42nd amendment.
• Secular means the relationship between the government and the religious groups is defined by constitution and law.
• Under the 42nd Amendment Act, three words were added: Socialist, Secular, and Integrity.
• The Indian Constitution embodies the positive concept of secularism, all the religions in our country have the same status and support from the state.
• However, as the Supreme Court said in 1974, although the words ‘secular state’ was not explicitly mentioned in the Constitution, there can be no doubt that Constitution-makers wanted to establish such a state, and accordingly, Articles 25 to 28 (guaranteeing the fundamental right to freedom of religion) have been included in the constitution.
• On 18 December 1976, during the Emergency in India, the Indira Gandhi government pushed through several changes in the Forty-second Amendment of the constitution.
• Through this amendment, the words "socialist" and "secular" were added between the words "sovereign" and "democratic" and the words "unity of the Nation" were changed to "unity and integrity of the Nation".

The correct answer is 5 Years.

Key Points

• 5 years is the tenure of Lok Sabha members.
  • Lok Sabha is composed of representatives of the people chosen by direct election on the basis of adult suffrage.
  • The term of a member of parliament of Lok Sabha (dissolved) is five years from the date appointed for its first meeting.
  • During a state of emergency, the term however can be extended by the Parliament of India by law for a period not exceeding one year at a time.

Additional Information

• On 26 January 1950, the Indian constitution came into force and the first general elections (under the new constitution) were held in 1951-1952.
• The 1st Lok Sabha was constituted on 17 April 1952 and had 489 constituencies, thereby the first set of elected members of parliament of Lok Sabha in India.
• The maximum permitted strength of members of parliament in the Lok Sabha is 550.
• The first instance of a member of parliament equivalent in India dates back to 9 December 1946, the day the Constituent Assembly of India was formed with the purpose of drafting a constitution for India.

Important Points

• As per Article 93 of the Indian Constitution, the Lok Sabha has a Speaker and a Deputy Speaker.

The correct answer is All the above.

• Main functions of Rajasthan Finance Cooperation are:
  • To have guaranteed for loans given for Industries.
  • To contribute to share capital.
  • To provide financial assistance from the government to the industries.

Additional Information

• Rajasthan Financial Corporation (RFC) was constituted under a notification of the State Government on 17th January 1955 under the SFCs Act, 1951, for providing long term financial support to tiny, small and medium scale industries in the State of Rajasthan.