Q. 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 Bill.
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:
(a) 1-and-2-only
(b) 2 and 3 only
(c) 1, 2 and 3
(d) 1, 2 and 4
Correct answer: (c) 1, 2 and 3
Question from UPSC Prelims 2024 GS Paper
Explanation:
1. Article 109 mentions special procedure in respect of Money Bill.
This is correct. Article 109 of the Indian Constitution does specifically deal with the special procedure for Money Bills.
2. A Money Bill shall not be introduced in the Council of States.
This is correct. Money Bills can only be introduced in the Lok Sabha (House of the People), not in the Rajya Sabha (Council of States).
3. The Rajya Sabha can either approve the Bill or suggest changes but cannot reject it.
This is correct. The Rajya Sabha has limited powers regarding Money Bills. It can suggest amendments but cannot reject the bill outright.
4. Amendments to a Money Bill suggested by the Rajya Sabha have to be accepted by the Lok Sabha.
This is incorrect. The Lok Sabha may either accept or reject the recommendations made by the Rajya Sabha. It is not obligated to accept the suggested amendments.
Based on this analysis, statements 1, 2, and 3 are correct, while statement 4 is incorrect.