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Which of the following statements are correct in respect of a Money Bill in the Parliament: 1. Article 109 mentions special procedure in respect of Money Bills. 2. A Money Bill shall not be introduced in the Council of States. 3. The Rajya Sabha can either approve the Bill or suggest changes but cannot reject it. 4. Amendments to a Money Bill suggested by the Rajya Sabha have to be accepted by the Lok Sabha. Select the answer using the code given below:

UPSC · 2024 · Polity
Question:
Which of the following statements are correct in respect of a Money Bill in the Parliament: 1. Article 109 mentions special procedure in respect of Money Bills. 2. A Money Bill shall not be introduced in the Council of States. 3. The Rajya Sabha can either approve the Bill or suggest changes but cannot reject it. 4. Amendments to a Money Bill suggested by the Rajya Sabha have to be accepted by the Lok Sabha. Select the answer using the code given below:

Options

1 and 2 only
2 and 3 only
1, 2 and 3
1, 3 and 4
Answer: 1, 2 and 3

Explanation:
Articles 110 and 109 lay down the Money Bill procedure. It can only be introduced in the Lok Sabha. Rajya Sabha can make recommendations, but Lok Sabha may or may not accept them.

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