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:
A1 and 2 only
B2 and 3 only
C1, 2 and 3
D1, 3 and 4
Answer & Solution
Correct answer: C. 1, 2 and 3
Answer: C. Statements 1, 2 and 3 are correct; Statement 4 is wrong.
Statement 1 is CORRECT. Article 109 of the Constitution specifies the SPECIAL PROCEDURE for passing Money Bills.
Statement 2 is CORRECT. Article 109(1): A Money Bill shall NOT be introduced in the Rajya Sabha (Council of States). It can be introduced only in the Lok Sabha.
Statement 3 is CORRECT. Article 109(2)-(3): Rajya Sabha must return a Money Bill within 14 days with its recommendations; it cannot reject the bill. The bill is deemed passed by both houses if Lok Sabha accepts or rejects the Rajya Sabha recommendations.
Statement 4 is WRONG. The Lok Sabha is NOT obligated to accept Rajya Sabha's recommendations on a Money Bill. The Lok Sabha may accept OR reject the recommendations; the bill becomes law either way. Rajya Sabha's role is purely recommendatory.
Source: Articles 109 and 110 of the Constitution / NCERT Class 11 Indian Constitution at Work Ch 5 (Legislature).
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