Single correct option
Consider the following statements about a Money Bill:
1. The Rajya Sabha has the power to amend a Money Bill.
2. A Money Bill can be introduced in the Rajya Sabha with the prior permission of the President.
Which of the statements given above is/are correct?
1. The Rajya Sabha has the power to amend a Money Bill.
2. A Money Bill can be introduced in the Rajya Sabha with the prior permission of the President.
Which of the statements given above is/are correct?
- A. 1 only
- B. 2 only
- C. Both 1 and 2
- D. Neither 1 nor 2
Show answer and solution
Answer: (D) Neither 1 nor 2
Neither is correct. Under Article 109 a Money Bill can be introduced only in the Lok Sabha, and the Rajya Sabha can only make recommendations within 14 days, which the Lok Sabha may accept or reject. The Speaker certifies whether a bill is a Money Bill, and its decision is final. President's prior recommendation is needed for introducing it in Lok Sabha, not for a Rajya Sabha introduction.
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