UPSC PRELIMS · POLITY · PARLIAMENT: MONEY BILL
Consider the following statements: 1. Article 109 of the Constitution deals with the special procedure in respect of Money Bills. 2. A Money Bill shall not be introduced in the Rajya Sabha. 3. The Rajya Sabha may either approve the Money Bill or suggest amendments to it, but cannot reject it. 4. The amendments suggested by the Rajya Sabha have to be accepted by the Lok Sabha. Which of the statements given above are correct?
Take a breath. Choose one. Press A–D on your keyboard if you like.
EXPLANATION
Article 109 lays down the special procedure for Money Bills. A Money Bill can be introduced only in the Lok Sabha; the Rajya Sabha can recommend amendments but the Lok Sabha is not bound to accept them.
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