Which of the following statements are correct in respect of a Money Bill in the Parliament?
Which of the following statements are correct in respect of a Money Bill in the Parliament?
Article 109 mentions special procedure in respect of Money Bills. A Money Bill shall not be introduced in the Council of States. The Rajya Sabha can either approve the Bill or suggest changes but cannot reject it. 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, 3 and 4 Explanation: Statement 1: Article 109 mentions special procedure in respect of Money Bills. - True. Article 109 of the Indian Constitution outlines the special procedure for handling Money Bills in Parliament. This procedure gives primacy to the Lok Sabha (lower house) in financial matters. Statement 2: A Money Bill shall not be introduced in the Council of States. - True. Money Bills can only be introduced in the Lok Sabha, not the Rajya Sabha (upper house). Statement 3: The Rajya Sabha can either approve the Bill or suggest changes but cannot reject it. - True. The Rajya …