Q. In which country Financial Legislation is introduced in the Upper House of the Legislature?
✅ Correct Answer: (A)
Germany
Explanation: In Germany, financial legislation is treated as ordinary legislation and is thus introduced in the upper house. Aside from this there are only three countries where financial legislation may be introduced in the upper house - India, where the budget is introduced in both houses simultaneously, and Italy and Switzerland where the chambers have equal powers over all legislation.
Explanation by: Manisha Agrawal
In Germany, financial legislation is treated as ordinary legislation and is thus introduced in the upper house. Aside from this there are only three countries where financial legislation may be introduced in the upper house - India, where the budget is introduced in both houses simultaneously, and Italy and Switzerland where the chambers have equal powers over all legislation.