When a Money Bill is passed by the Lok Sabha but not returned by the Rajya Sabha within 14 days of its receipt ________________.
When a Money Bill is passed by the Lok Sabha but not returned by the Rajya Sabha within 14 days of its receipt ________________.
The correct option is B It is deemed to have been passed by both the Houses
A Money Bill after
having been passed by the Lok Sabha, and sent to Rajya Sabha for its
recommendations, has to be returned to Lok Sabha by the Rajya Sabha, with in a
period of fourteen days from the date of its receipt, with or without
recommendations. It is open for the Lok
Sabha, to either accept or reject all or any of the recommendations of the
Rajya Sabha. In case a Money Bill is not returned by the Rajya Sabha to the Lok
Sabha within a period of fourteen days from the date of its receipt, it is
deemed to have been passed by both Houses in the form in which it was passed by
the Lok Sabha after the expiry of said period.
A Money Bill after having been passed by the Lok Sabha, and sent to Rajya Sabha for its recommendations, has to be returned to Lok Sabha by the Rajya Sabha, with in a period of fourteen days from the date of its receipt, with or without recommendations. It is open for the Lok Sabha, to either accept or reject all or any of the recommendations of the Rajya Sabha. In case a Money Bill is not returned by the Rajya Sabha to the Lok Sabha within a period of fourteen days from the date of its receipt, it is deemed to have been passed by both Houses in the form in which it was passed by the Lok Sabha after the expiry of said period.
