A bill is deemed to be a ‘Money Bill’ if it contains only provisions dealing with 1. the imposition, alteration or regulation of any tax 2. the regulation of the borrowing of money by the government 3. the custody of the Consolidated Fund of India or the Contingency Fund of India 4. the provision for imposition of fines or other penalties, or for the demand or payment of fees for licenses or fees for services rendered Select the correct answer using the code given below.

According to Article 110 of the Indian Constitution, a bill is deemed a Money Bill if it deals exclusively with matters such as the imposition, abolition, remission, alteration, or regulation of any tax. It also includes the regulation of borrowing money or giving guarantees by the Government of India. Furthermore, provisions regarding the custody of the Consolidated Fund of India or the Contingency Fund of India, including the payment or withdrawal of money from these funds, qualify as Money Bill provisions. However, Article 110(2) explicitly states that a bill is not a Money Bill simply because it provides for the imposition of fines, pecuniary penalties, or the demand/payment of fees for licenses or services rendered. Therefore, statements 1, 2, and 3 are correct, while statement 4 is an exclusion.