Which officer of the Parliament of India decides whether a Bill is a Money Bill under Article 110, a decision that is final and binding on all proceedings concerning central financial legislation?

💡 Solution & Explanation

Under Article 110(3) of the Constitution, if any question arises whether a Bill is a Money Bill or not, the decision of the Speaker of the Lok Sabha thereon is final. The Chairman of the Rajya Sabha does not possess this authority because Money Bills can originate only in the Lok Sabha. This constitutional provision ensures undisputed procedural clearance for financial measures introduced by the executive.