Which of the following statements is correct regarding the legislative procedure for a Money Bill in the Indian Parliament?
Parliament, Lok Sabha, Rajya Sabha & Legislative Procedure — question ID 856
Options
A.
B.
Explanation
All money bills are financial bills, but not all financial bills are money bills. Rajya Sabha cannot reject or amend a Money Bill; it can only make recommendations and must return the bill within 14 days. A Money Bill is always introduced as a government bill solely by a minister.