Which of the following statements are correct in respect of a Money Bill in the Parliament? 1. Article 109…
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. Amendment to a Money Bill suggested by the Rajya Sabha have to be accepted by the Lok Sabha. Select the correct answer using the code given below:
1 and 2 only
2 and 3 only
1, 2 and 3
1, 3 and 4
Solution
Statements 1, 2 and 3 are correct. Statement 4 is wrong — the Lok Sabha may accept or reject any or all of the recommendations of the Rajya Sabha on a Money Bill; it is not bound to accept them.