WBCS.LIVE practice question
A Money Bill passed by Lok Sabha is deemed to have been passed by Rajya Sabha also when no action is taken by the Rajya Sabha within
Solve this multiple-choice question and check the correct answer with its explanation below.
Answer options
Correct answer and explanation
Correct answer: 14 Days
Explanation: The correct answer is B. 14 Days. As per Article 110 of the Indian Constitution, a Money Bill can only be introduced in the Lok Sabha and must be certified by the Speaker of the Lok Sabha. Once passed by the Lok Sabha, it is sent to the Rajya Sabha for its recommendations. However, the Rajya Sabha cannot reject or amend a Money Bill- it can only make suggestions. If the Rajya Sabha does not return the Bill within 14 days, it is considered as passed by both Houses, exactly in the form passed by the Lok Sabha. This provision ensures the supremacy of the Lok Sabha in financial matters.