UPSC Prelims 2024 · Question 18 of 97
UPSC Prelims 2024 question on Money Bill Procedure
- ExamUPSC CSE
- Year2024
- PaperGeneral Studies Paper I
- SubjectPolity
- TopicParliament
- DifficultyMedium
- TypeStatement
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:
Show answer
Answer: C. 1, 2 and 3
Verdict
Statements 1, 2 and 3 are correct → Option (c) 1, 2 and 3.
Statement by statement
Statement 1 – CORRECT: Article 109 provides for the Special procedure in respect of Money Bills.
Statement 2 – CORRECT: A Money Bill shall not be introduced in the Council of States.
Statement 3 – CORRECT: After the House of the People has passed a Money Bill, it is transmitted to the Council of States for its recommendations. The Rajya Sabha can either approve the Bill or suggest changes but cannot reject it.
Statement 4 – INCORRECT: The House of the People may thereupon either accept or reject all or any of the recommendations of the Council of States. If the Lok Sabha does not accept any of the recommendations, the Money Bill shall be deemed to have been passed by both Houses in the form in which it was passed by Lok Sabha without the amendments. So the Lok Sabha is NOT obligated to accept amendments suggested by Rajya Sabha.