- Statement (a) is incorrect: Article 111 deals with the President's assent to Bills passed by Parliament. Article 110 defines a Money Bill. - Statement (b) is incorrect: A bill categorised as a Financial Bill under Article 117(3) requires the President's recommendation for consideration by the House, but it can be introduced in either House of Parliament (unlike Money Bills and Financial Bills under Article 117(1), which can only be introduced in Lok Sabha). - Statement (c) is incorrect: A bill categorised as a Financial Bill under Article 117(1) is similar to a Money Bill in that it can only be introduced in Lok Sabha on the President's recommendation. However, unlike a Money Bill, the Rajya Sabha has the power to reject or amend a Financial Bill under Article 117(1). Joint sittings can also be held for disagreements on such bills.
Which of the following statements is/are correct ? Article-111 of the constitution deals with the definition of money bills. A bill categorised as financial bill under Article-117(3) can be introduced only in the Lok Sabha. A bill categorised as financial bill under Article-117(1) cannot be rejected or amended by the Rajya Sabha.
Asked in MPSC CS Prelims 2020 · Topic: The Parliament (Legislative Procedure: Types of Bills (Ordinary, Money, Financial, Constitution Amendment) and their passage)
More Indian Polity and Governance questions
- In the passing of a Money Bill, the Rajya Sabha has limited powers in that it shall return the Bill, with or without any recommendation, within the stipulated time of
- What will follow if a Money Bill is substantially amended by the Rajya Sabha ?
- A money bill can be introduced only in :
- In case of dispute between the two houses of Indian Parliament over an Ordinary Bill the case is referred to :
- Any money bill cannot be introduced in the Parliament without the consent of the :
- Which of the following statements are correct in respect of Bills introduced in Parliament? (1) If a Government Bill is rejected by the House in Parliament it amounts 'vote of confidence' in the Government (2) The Government's Bill introduction in the House necessitates a fifteen-day notice (3) The 'Taxation Laws (Amendment) Bill 2021' comes under the category of Money Bill (4) The Central Universities (Amendment) Bill 2021 comes under Ordinary Bill.
- Which of the following statements are not correct in respect of Private Member Bill introduced in Parliament? (1) A Private Member is any Member of Parliament other than Member of Treasury Bench (2) The Bill of this nature are introduced and debated only on Mondays (3) It's introduction in the House requires One Month notice (4) A Constitution Amendment Bill may be introduced either in Lok Sabha or Rajya Sabha
- Which one of the following is not a sufficient ground for convening a joint sitting of both the Houses of Parliament ?