What will follow if a Money Bill is substantially amended by the Rajya Sabha?

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Submitted by examrobotsa on

Q: 26 (IAS/2013)
What will follow if a Money Bill is substantially amended by the Rajya Sabha?

question_subject: 

Polity

question_exam: 

IAS

stats: 

0,462,50,462,17,18,15

keywords: 

{'rajya sabha': [50, 3, 22, 40], 'money bill': [7, 1, 3, 9], 'lok sabha': [42, 3, 20, 27], 'bill': [16, 1, 6, 29]}

If a Money Bill is substantially amended by the Rajya Sabha, the Lok Sabha (the lower house of Parliament) has the option to either accept or reject the recommendations made by the Rajya Sabha. However, the Rajya Sabha cannot make amendments to a Money Bill without the consent of the Lok Sabha. Ultimately, the Lok Sabha has the final say on the matter. The Rajya Sabha`s role is limited to providing recommendations, and the Lok Sabha may still proceed with the Bill, either accepting or rejecting those recommendations.