Indian Polity • Parliament & ExecutiveHard
Analyze the constitutional provisions regarding Money Bills under Article 110: 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 passed by the Lok Sabha. 3. If a Money Bill is not returned by the Rajya Sabha to the Lok Sabha within fourteen days, it is deemed to have been passed by both Houses in the form in which it was passed by the Lok Sabha. Which of the statements given above are correct?
A. 3 only✓ Correct Answer
B. 1 and 2 only
C. 2 and 3 only
D. 1, 2 and 3
💡 Solution & Explanation
Statement 3 is correct because the Rajya Sabha must return a Money Bill within fourteen days, failing which it passes automatically. Statements 1 and 2 are incorrect because a Money Bill can be introduced solely in the Lok Sabha on prior presidential recommendation, and the Rajya Sabha cannot amend or reject it, possessing only a recommendatory power. The Speaker of the Lok Sabha holds the final authority to certify whether a bill is a Money Bill.
More Indian Polity Parliament & Executive questions
- What is the specialized parliamentary term used when the business of the Lok Sabha is abruptly suspended due…
- What is the purpose of a 'Censure Motion' moved in the Lok Sabha?
- When bills concerning national security, interstate infrastructure, or boundary adjustments affecting the…
- What is the specialized function of the 'Public Accounts Committee' in the Indian Parliament?
- Which budgetary provision authorizes the executive to withdraw money from the Consolidated Fund of India for…