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Q26 (IAS/2013) Polity & Governance › Parliament › Money and finance bills Answer Verified

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

Result
Your answer: —  Â·  Correct: A
Explanation

According to Article 109 of the Indian Constitution, the Rajya Sabha has restricted powers regarding Money Bills. It cannot reject or amend such bills; it can only make recommendations [2]. Once a Money Bill is transmitted to the Rajya Sabha, it must be returned to the Lok Sabha within 14 days with or without recommendations [1]. If the Rajya Sabha suggests substantial amendments (recommendations), the Lok Sabha is not bound by them. The Lok Sabha may proceed with the bill by either accepting or rejecting all or any of these recommendations [1]. If the Lok Sabha rejects the recommendations, the bill is deemed passed by both Houses in the original form it was passed by the Lok Sabha. Furthermore, there is no provision for a joint sitting in the case of a Money Bill.

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
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SIMILAR QUESTIONS

IAS · 2023 · Q37 Relevance score: 5.35

With reference to Finance Bill and Money Bill in the Indian Parliament, consider the following statements : 1. When the Lok Sabha transmits Finance Bill to the Rajya Sabha, it can amend or reject the Bill. 2. When the Lok Sabha transmits Money Bill to the Rajya Sabha, it cannot amend or reject the Bill, it can only make recommendations. 3. In the case of disagreement between the Lok Sabha and the Rajya Sabha, there is no joint sitting for Money Bill, but a joint sitting becomes necessary for Finance Bill. How many of the above statements are correct?

IAS · 2024 · Q68 Relevance score: 4.98

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 :

CAPF · 2009 · Q68 Relevance score: 3.65

Which of the following statements is not correct ?

IAS · 2000 · Q59 Relevance score: 3.49

Which one of the following statements about a Money Bill is not correct ?

CDS-I · 2012 · Q63 Relevance score: 3.47

With regard to the powers of the Rajya Sabha, which one among the following statements is not correct ?