Question 22 of 75Polity

With reference to the Finance Bill and Money Bill in the Indian Parliament, consider the following statements: 1. When the Lok Sabha transmits the Finance Bill to the Rajya Sabha, it can amend or reject the Bill. 2. When the Lok Sabha transmits the Money Bill to the Rajya Sabha, it cannot amend or reject the Bill; it can only make recommendations. 3. In the case of disagreement between the Lok Sabha and the Rajya Sabha, there is no joint sitting for the Money Bill, but a joint sitting becomes necessary for the Finance Bill. How many of the above statements are correct?

AOnly one
BOnly two
CAll three
DNone

Correct Answer

The correct answer is hidden

Explanation

29 words hidden ... A Money Bill can only be recommended upon by the Rajya Sabha. Statement 3 is hidden because a joint sitting may be ... 23 words hidden