Consider the following statements: 1. A Money Bill cannot be introduced in the Council of States. 2. The Council of States cannot reject a Money Bill nor amend it. Which of the statements given above is/ are correct ?

According to Article 109 of the Indian Constitution, a Money Bill can only be introduced in the Lok Sabha and cannot be introduced in the Council of States (Rajya Sabha) [c4, t2]. This confirms statement 1 is correct. Once passed by the Lok Sabha, the bill is transmitted to the Rajya Sabha, which has restricted powers. The Rajya Sabha cannot reject or amend a Money Bill; it can only make recommendations [c1, c3, t3]. It must return the bill to the Lok Sabha within 14 days with or without recommendations [c2, t1]. If the Rajya Sabha suggests amendments, the Lok Sabha is free to accept or reject them, and the bill is deemed passed by both Houses regardless [c4, c5]. Thus, statement 2 is also correct. Since both statements are accurate, the correct option is 3.

Sources

1. [1] Laxmikanth, M. Indian Polity. 7th ed., McGraw Hill. > Chapter 23: Parliament > Money Bill. > p. 248
2. [2] Indian Polity, M. Laxmikanth(7th ed.) > Chapter 23: Parliament > Money Bill. > p. 248
3. [3] Indian Constitution at Work, Political Science Class XI (NCERT 2025 ed.) > Chapter 5: LEGISLATURE > HOW DOES THE PARLIAMENT MAKE LAWS? > p. 113
4. [4] Indian Polity, M. Laxmikanth(7th ed.) > Chapter 23: Parliament > Unequal Status with Lok Sabha > p. 260
5. [5] Laxmikanth, M. Indian Polity. 7th ed., McGraw Hill. > Chapter 23: Parliament > Unequal Status with Lok Sabha > p. 260