Which of the following statements is correct in respect of a Money Bill in the Parliament?
- Article 109 mentions a special procedure in respect of Money Bills.
- A Money Bill shall not be introduced in the Council of States.
- The Rajya Sabha can either approve the Bill or suggest changes but cannot reject it.
- Amendments to a Money Bill suggested by the Rajya Sabha have to be accepted by the Lok Sabha.
Select the answer using the code given below:
(a) 1 and 2 only
(b) 2 and 3 only
(c) 1, 2 and 3
(d) 1, 3 and 4
Correct Answer: (c) 1, 2 and 3
Explanation:
- Statement 1 is correct. Article 109 of the Indian Constitution mentions the special procedure for Money Bills.
- Statement 2 is correct. A Money Bill cannot be introduced in the Rajya Sabha (Council of States).
- Statement 3 is correct. The Rajya Sabha can suggest changes to a Money Bill but cannot reject it.
- Statement 4 is incorrect. The Lok Sabha is not required to accept the amendments suggested by the Rajya Sabha.
Possible Sources: The Constitution of India, Articles 109 and 110.
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