**Question:** Given below are two statements: Statement I: Finance Minister is final authority to decide whether a bill is a money bill or not. Statement II: The Indian system of ‘dyarchy’ was introduced by the Government of India Act, 1935 during the British period. In the light of the above statements, choose the most appropriate answer from the options given below:
**Options:**
(A) Both Statement I and Statement II are correct
(B) Both Statement I and Statement II are incorrect
(C) Statement I is correct and Statement II is incorrect
(D) Statement I is incorrect and Statement II is correct
**Correct Answer:** B
**Explanation:** Both statements are incorrect. The Speaker of Lok Sabha, not Finance Minister, decides if a bill is a money bill. Dyarchy was introduced by Government of India Act, 1919, not 1935.
*Published: September 05, 2025 at 10:49 AM*
*Tags: HPAS 2024, Prelims, General Studies, Himachal Pradesh Administrative Service*