Q. Which of the following statements are correct in respect of a Money Bill in the Parliament?
1. Article 109 mentions special procedure in respect of Money Bills.
2. A Money Bill shall not be introduced in the Council of States.
3. The Rajya Sabha can either approve the Bill or suggest changes but cannot reject it.
4. Amendments to a Money Bill suggested by the Rajya Sabha have to be accepted by the Lok Sabha.
Select the answer using the code given below :
Exp) option c is the correct answer.
Statement 1 is correct. Article 109 of the Indian constitution mentions Special procedure in respect of Money Bills.
Statement 2 is correct. As per Article 109 (1) A Money Bill shall not be introduced in the Council of State.
Statement 3 is correct. As per Article 109 (2) after a Money Bill has been passed by the Lok Sabha, it shall be transmitted to the Rajya Sabha for its recommendations and the Rajya Sabha shall within a period of fourteen days from the date of receipt of the Bill return the Bill to the Lok Sabha with its recommendations and the Lok Sabha may thereupon either accept or reject all or any of the recommendations of the Council of States. Further as per Article 109 (5) if the bill is not retuned within 14 days by the Rajya Sabha it is deemed to be passed by both the Houses of the Parliament.
Statement 4 is incorrect. As per Article 109(2) read with Article 109(5) the Lok Sabha may act upon the recommendations suggested by Rajya Sabha but it does not need to accept the amendments suggested.
Sources:
- The India Constitution
- Indian Polity by M. Laxmikanth – Chater Parliament
