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The Powers of the President

A money bill ...

Question

A money bill can be introduced in ____________.

A

Lok Sabha only

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B

Rajya Sabha only

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C

Either the Lok Sabha or the Rajya Sabha

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D

Joint session of both the houses of Parliament

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Solution

The correct option is D Lok Sabha only
Money Bills can be introduced only in Lok Sabha. Rajya Sabha cannot make amendments in a Money Bill passed by Lok Sabha and transmitted to it. It can, however, recommend amendments in a Money Bill, but must return all Money Bills to Lok Sabha within fourteen days from the date of their receipt.
Hence, A is the correct option.

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Similar questions

Q. Give correct response to
I. A Money Bill cannot be introduced in Rajya Sabha
II. All Financial Bills are not Money Bills
III. A Money Bills can be introduced only in Lok Sabha on the recommendation of the President
IV. Rajya Sabha is fully empowered to reject or amend a Financial Bill as it does in the case of ordinary bill ___________.

Q. Read the following statements and choose the correct option below.

A: Only the Lok Sabha can initiate an Ordinary Bill.

B: Only the Rajya Sabha can initiate an Ordinary Bill.

C: Both Lok Sabha and Rajya Sabha can initiate an Ordinary Bill.

D: Only Lok Sabha can question ministers.

E: Only Rajya Sabha can question ministers.

F: Both Lok Sabha and Rajya Sabha can question ministers.

Q. Which of the following statements are not true?
1. The Rajya Sabha has no power to reject or amend a Money Bill.
2. The Speaker of Lok Sabha has sole and final power of deciding whether a Bill is a Money Bill.
3. In the creation of All-India Services the Lok Sabha has more powers than the Rajya Sabha.
4. In 1976 the Money Bill was introduced in the Rajya Sabha.

Q. A Money Bill passed by the Lok Sabha has to be passed/returned by Rajya Sabha within ______________.

Q. A bill introduced in the Parliament becomes a law only when it is approved by the Lok Sabha, Rajya Sabha and the President.

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