According to the Indian Constitution, what is the maximum duration for which the Rajya Sabha can retain or delay a Money Bill passed by the Lok Sabha?
Parliament, Lok Sabha, Rajya Sabha & Legislative Procedure — question ID 749
Options
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Explanation
As per Article 110 of the Indian Constitution, a Money Bill is decided by the Lok Sabha Speaker and can only be introduced in the Lok Sabha. Rajya Sabha has very limited powers regarding Money Bills; it cannot amend or reject them. It can only delay the bill for a maximum of 14 days. If the Rajya Sabha does not return the bill within 14 days, it is deemed to have been passed by both Houses in the form it was originally passed by the Lok Sabha.