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  1. By which bill, Government presents a proposal for annual revenue collection?

    2. A.

     Money bill
    B.

     Finance bill
    C.

     Ordinance
    D.

     None of these

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    Answer : Option B

    Explanation :

    Finance bill includes taxation proposals for annual revenue collection. It is introduced in Lok Sabha every year with the general Budget. The passing of finance bill legalizes the income side of budget.

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