The first finance minister of independent India was R. K. Shanmukham Chetty, who served as the finance minister in Jawaharlal Nehru's Cabinet between 1947-49. On November 26, 1947 Chetty presented the first budget of independent India. Earlier, he had served as President of India's Central Legislative Assembly from 1933 to 1935.

Correct Option: A

The first finance minister of independent India was R. K. Shanmukham Chetty, who served as the finance minister in Jawaharlal Nehru's Cabinet between 1947-49. On November 26, 1947 Chetty presented the first budget of independent India. Earlier, he had served as President of India's Central Legislative Assembly from 1933 to 1935.

According to Article 75 of Indian Constitution, the Prime Minister is appointed by the President of India. He is the Head of Government, chief adviser to the President of India, head of the Council of Ministers and the leader of the majority party in the Lok Sabha.

Correct Option: C

According to Article 75 of Indian Constitution, the Prime Minister is appointed by the President of India. He is the Head of Government, chief adviser to the President of India, head of the Council of Ministers and the leader of the majority party in the Lok Sabha.

According to Section 154 of the Representation of the People Act 1951, a Member elected to the Rajya Sabha will hold office for a period of 6 years. A member chosen to fill a casual vacancy will serve for the remainder of his predecessor’s term of office. One third of the members retire every two years.

Correct Option: B

According to Section 154 of the Representation of the People Act 1951, a Member elected to the Rajya Sabha will hold office for a period of 6 years. A member chosen to fill a casual vacancy will serve for the remainder of his predecessor’s term of office. One third of the members retire every two years.

Vice-President holds office for five years. He can be re-elected any number of times. However, the office may be terminated earlier by death, resignation or removal. The Constitution does not provide a mechanism of succession to the office of Vice-President in the event of an extraordinary vacancy, apart from re-election.

Correct Option: B

Vice-President holds office for five years. He can be re-elected any number of times. However, the office may be terminated earlier by death, resignation or removal. The Constitution does not provide a mechanism of succession to the office of Vice-President in the event of an extraordinary vacancy, apart from re-election.

Article 110 (3) lays down that “if any question arises whether a Bill is a Money Bill or not, the decision of the Speaker of the House of the People thereon shall be final”. This means that once the Speaker has certified a Bill as a Money Bill, its nature cannot be questioned in a court of law, in the Houses of Parliament, or even by the President.

Correct Option: A

Article 110 (3) lays down that “if any question arises whether a Bill is a Money Bill or not, the decision of the Speaker of the House of the People thereon shall be final”. This means that once the Speaker has certified a Bill as a Money Bill, its nature cannot be questioned in a court of law, in the Houses of Parliament, or even by the President.