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 eithe

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Submitted by examrobotsa on

Q: 32 (IAS/2024)
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:

question_subject: 

Polity

question_exam: 

IAS

Article 110 defines a Money Bill. It cannot be introduced in the Rajya Sabha, and it can be passed by the Lok Sabha alone. The Rajya Sabha can suggest amendments within 14 days, but it cannot reject the bill.