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Question

Money bills can only be introduced in the ________.

A
Lok Sabha
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B
Rajya Sabha
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C
Joint session of both Houses
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D
None of the above
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Solution

The correct option is A Lok Sabha
Money Bills can be introduced only in Lok Sabha. Money bills passed by the Lok Sabha are sent to the Rajya Sabha. The Rajya Sabha may not amend money bills but can recommend amendments. To make sure that Rajya Sabha doesn't amend the bill by adding some non-money matters, the Lok Sabha Speaker certifies the bill as a money bill before sending it to the upper house, and the decision of the Speaker is binding on both the Houses. A money bill must be returned to the Lok Sabha within 14 days or the bill is deemed to have passed both houses in the form it was originally passed by the Lok Sabha.

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