Rajya Sabha can withhold Money Bills for a period of _____________.
A
14 days
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B
3 months
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C
6 months
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D
None of the above
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Solution
The correct option is A 14 days A money bill can only be introduced in the Lok Sabha and that too on the recommendation of the President. The Rajya Sabha has limited powers with regard to money bill. It cannot reject or amend a money bill but can provide recommendations.
It must return the bill to the Lok Sabha within 14 days whether with or without recommendation and if it does not return within the stipulated time the bill is considered to have passed by both the Houses.
The President can give his assent or withhold his assent on money bill but he cannot return the bill for reconsideration Generally the president gives his assent to the bill as it was introduced with his prior permission.