UPSC CSE Prelims

Correct Option: C Explanation: Under Article 110, a Money Bill may provide for taxation, the custody of the Consolidated Fund or Contingency Fund, and government borrowing. Appropriation from the Consolidated Fund-not the Contingency Fund-is the specific Money Bill category. Option-wise Analysis: A: Incorrect - Tax imposition or alteration falls squarely within Article 110; hence this statement is correct. B: Incorrect - Custody of the Consolidated Fund or Contingency Fund is expressly covered; this statement is correct. C: Correct - Correct for “not correct”-Article 110 refers to appropriation out of the Consolidated Fund, not the Contingency Fund. D: Incorrect - Union Government borrowing and guarantees are included in Article 110; this statement is correct.