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:
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A medium Polity multiple-choice question from UPSC Prelims 2024. Attempt it above, then check the correct answer and detailed explanation below.
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Correct answer: C. 1, 2 and 3
Article 109 lays down the special procedure for Money Bills (1), a Money Bill cannot be introduced in the Rajya Sabha (2), and the Rajya Sabha may only approve or recommend changes within 14 days but cannot reject it (3). Statement 4 is wrong — the Lok Sabha is free to accept or reject the Rajya Sabha's recommendations. So option (c).
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