Question
GSEasyPrelims 2024Indian Polity

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 :

Explanation

  • Article 109 of the Indian Constitution specifically deals with the special procedure for Money Bills. (Correct)

  • Article 109(1) states that a Money Bill shall not be introduced in the Council of States (Rajya Sabha). It can only be introduced in the Lok Sabha (House of the People). (Correct)

  •  Article 109(5) states that the Rajya Sabha can't reject a Money Bill. It can only make recommendations within 14 days, which the Lok Sabha may or may not accept. (Correct)

  • The Lok Sabha has the ultimate power regarding Money Bills. It is not bound to accept any amendments suggested by the Rajya Sabha. (Incorrect)

Therefore, statements 1, 2, and 3 are correct.

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