- Article 109 mentions 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
Explanation:
Statement 1: Article 109 mentions special procedure in respect of Money Bills. - True. Article 109 of the Indian Constitution outlines the special procedure for handling Money Bills in Parliament. This procedure gives primacy to the Lok Sabha (lower house) in financial matters.
Statement 2: A Money Bill shall not be introduced in the Council of States. - True. Money Bills can only be introduced in the Lok Sabha, not the Rajya Sabha (upper house).
Statement 3: The Rajya Sabha can either approve the Bill or suggest changes but cannot reject it. - True. The Rajya Sabha has limited powers regarding Money Bills. It can discuss the Bill and recommend changes, but it cannot reject the Bill altogether. The Lok Sabha has the final say on the Bill.
Statement 4: Amendments to a Money Bill suggested by the Rajya Sabha have to be accepted by the Lok Sabha. - False. The Lok Sabha is not obligated to accept amendments suggested by the Rajya Sabha on a Money Bill. The Lok Sabha can choose to accept or reject these amendments.
Therefore, only statements 1, 2, and 3 are correct. The special procedure for Money Bills empowers the Lok Sabha in financial legislation.
The correct answer is Option (c).