MasteryExams
Indian Polity • Parliament & ExecutiveMedium

Consider the following statements regarding Money Bills in the Indian Parliament: 1. A Money Bill can be introduced in either House of Parliament upon the recommendation of the President. 2. The Rajya Sabha has the power to amend or reject a Money Bill. 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✓ Correct Answer

💡 Solution & Explanation

A Money Bill can be introduced only in the Lok Sabha, not in the Rajya Sabha, and that too on the recommendation of the President. Furthermore, the Rajya Sabha cannot amend or reject a Money Bill; it can only make recommendations which the Lok Sabha may accept or reject.

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