With reference to 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 a Money Bill to the Rajya Sabha, it cannot amend or reject it but may make recommendations. 3. In case of disagreement, there is no joint sitting for a Money Bill, but there can be for a Finance Bill. How many of the above statements are correct?
Question:
With reference to 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 a Money Bill to the Rajya Sabha, it cannot amend or reject it but may make recommendations. 3. In case of disagreement, there is no joint sitting for a Money Bill, but there can be for a Finance Bill. How many of the above statements are correct?
With reference to 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 a Money Bill to the Rajya Sabha, it cannot amend or reject it but may make recommendations. 3. In case of disagreement, there is no joint sitting for a Money Bill, but there can be for a Finance Bill. How many of the above statements are correct?
Options
Answer: Only two
Explanation:
Statements 2 and 3 are correct. Rajya Sabha can only recommend changes in Money Bills, and no joint sitting is allowed. A Finance Bill (not classified as a Money Bill) can go for a joint sitting in case of disagreement.
Explanation:
Statements 2 and 3 are correct. Rajya Sabha can only recommend changes in Money Bills, and no joint sitting is allowed. A Finance Bill (not classified as a Money Bill) can go for a joint sitting in case of disagreement.
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