Indian Polity • Parliament & ExecutiveHard
With reference to a Money Bill in the Indian Parliament, consider the following statements: 1. It can be introduced only in the Lok Sabha on the prior recommendation of the President. 2. The decision of the Speaker of the Lok Sabha on whether a Bill is a Money Bill or not is final. 3. The Rajya Sabha must return the Bill within 14 days with or without recommendations. 4. In case of a deadlock between both Houses, the President can summon a joint sitting. Which of the statements given above are correct?
A. 1, 2, and 3 only✓ Correct Answer
B. 2 and 3 only
C. 1, 3, and 4 only
D. 1, 2, 3, and 4
💡 Solution & Explanation
Under Articles 109 and 110 of the Indian Constitution, a Money Bill can only be introduced in the Lok Sabha with the President's prior recommendation. The Speaker's decision is final, and the Rajya Sabha has limited powers (14-day limit). Statement 4 is incorrect because there is no provision for a joint sitting under Article 108 in the case of a Money Bill.
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