A money bill passed by the LokSabha can be delayed by the RajyaSabha for a maximum period of

14 days

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

One month

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Two months

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Three months

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is A 14 days
Option: (a)

Suggest Corrections

Similar questions

Q. What happens if a money bill passed by the LokSabha is partially amended by the RajyaSabha?

Q. An Ordinary Bill passed by the State Assembly can be delayed by the Legislative Council for a maximum period of _______.

On 15th April, 2012, B accepted three bills of exchange for Rs 2,400: first bill for Rs 700 for one month; second bill for Rs 800 for two months; and third bill for Rs 900 for three months duly written by A.

On 20th April, 2012, A endorsed the first bill to his creditor C to clear his account of Rs 710 and discounted the second bill on 22nd April with his bankers for Rs 792. The third bill was retained by A till maturity.

The first bill was met on maturity but the second bill was dishonoured on due date. Bank paid Rs 10 for noting charges. A charges B Rs 15 for interest and drew on him a fourth bill for Rs 825 for three months and B accepted it and returned. Bill No.3 and 4 were met on maturity. Pass necessary Journal entries in the books of 'A'.

Q. On Jan. 15, 2017, Kusum sold goods for ₹ 30,000 to Pushpa and drew upon her three bills of exchanges of ₹ 10,000 each payable after one month, two months and three months respectively. The first bill was retained by Kusum till its maturity. The second bill was endorsed by her in favour of her creditor Khushboo and the third bill was discounted by her immediately @ 6% p.a. All the bills were met by Pushpa. Journalise the above transactions in the books of Kusum and Pushpa.

On 1^st Sept., 2010 Badrinath drew a bill of Rs 20,000 on Dinanath at 4 months. The bill was duly accepted by Dinanath. On 5^th Sept., 2010 Badrinath endorsed the bill in favour of Somnath. However on 1^st January, 2012 Dinanath approached to Badrinath and requested bill be renewed for a further period of 3 months at 15% p.a. Badrinath agreed and paid necessary money to Somnath. Before one month of the due date of the new bill Dinanath retired his acceptance @ 10% p.a.

Pass journal entries in the books Badrinath and Dinanath.

Join BYJU'S Learning Program

A money bill passed by the LokSabha can be delayed by the RajyaSabha for a maximum period of

The correct option is A 14 days Option: (a)

The correct option is A 14 days
Option: (a)