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Who among the following fixes the salaries and the allowances of the Speaker of Lok Sabha?
a.President
b.Council of Ministers
c.Cabinet
d.Parliament

Answer
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Hint: The speaker of the Lok Sabha is the highest authority of the Lok Sabha and the presiding officer of the Lower House of the Parliament of India. He is, by a convention, a member of the ruling party or alliance.

Complete answer:
The Parliament fixes the salaries and allowances of the Speaker of the Lok Sabha. The Speaker is elected generally in the first meeting of the Lok Sabha after which general elections take place. He serves for a term of 5 years and he is chosen from sitting members of the House of the People.
The salary of the MPs is governed by the Salary and Allowance and Pensions to MPs Act 1952 and by the rules framed here. It is a central act and it undergoes the same procedure as any other central legislation.
The newly elected MPs from the House of People elect the Speaker among themselves. A benevolent Speaker should be someone who understands how the Lok Sabha functions and he should be someone who is accepted among the ruling and opposition parties.
All the Members of Parliament propose a name to the pro term Speaker and these names are notified to the President of India. The President then notifies the election date through their aide Secretary-General. If more than one name is proposed, the Speaker is elected by calling a division vote and if only one name is proposed, the Speaker is elected without any formal vote. All the MPs cast their votes on a date notified by the President. The successful candidate is elected as the Speaker until the next general elections are conducted.
The Speaker of the House is responsible for conducting the business and decides whether a bill is a money bill or not.

So, the correct option is Option D.

Note: The Speaker has the power to permit the moving of various kinds of motions and resolutions and to call attention notice as per the rules. They’re also responsible for maintaining discipline and decorum in the house and he/she can punish a member for inappropriate behaviour by suspending them temporarily.