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Which of the following statements is not correct with reference to a Money Bill?
- a)It can be introduced in the Lok Sabha only.
- b)It can be introduced by a Minister of the government only.
- c)It can be detained by the Rajya Sabha for a maximum period of 2 weeks only.
- d)It can be introduced even without the recommendation of the President.
Correct answer is option 'D'. Can you explain this answer?
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Which of the following statements is not correct with reference to a ...
Article 110 of the Constitution deals with the definition of Money Bills. It states financial matter like an imposition, abolition, remission, alteration or regulation of any tax; regulation of the borrowing of money by the Union government; The custody of the Consolidated Fund of India or the Contingency Fund of India, the payment of moneys into or the withdrawal of money from any such fund etc.
It can only be introduced only in the Lok Sabha and not in the Rajya Sabha. If any question arises whether a Bill is a Money Bill or not, the decision of the Speaker of the Lok Sabha is final. His decision in this regard cannot be questioned in any court of law or in either House of the Parliament or even by the President. When a Money Bill is transmitted to the Rajya Sabha for recommendation and presented to the President for assent, the Speaker endorses it as a Money Bill. So, option (a) is correct.
It can be introduced only by a minister, as s/he is a part of the treasury bench that needs financial resources at its disposition to implement executive actions. So, option (b) is correct.
It cannot be amended or rejected by the Rajya Sabha. The Rajya Sabha should return the Bill with or without recommendations, which may be accepted or rejected by the Lok Sabha. It can be detained by the Rajya Sabha for a maximum period of 14 days only. So, option (c) is correct.
It can be introduced only on the recommendation of the President. So, option (d) is not correct.
Therefore, the answer is (d).
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Which of the following statements is not correct with reference to a Money Bill?a)It can be introduced in the Lok Sabha only.b)It can be introduced by a Minister of the government only.c)It can be detained by the Rajya Sabha for a maximum period of 2 weeks only.d)It can be introduced even without the recommendation of the President.Correct answer is option 'D'. Can you explain this answer?
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Which of the following statements is not correct with reference to a Money Bill?a)It can be introduced in the Lok Sabha only.b)It can be introduced by a Minister of the government only.c)It can be detained by the Rajya Sabha for a maximum period of 2 weeks only.d)It can be introduced even without the recommendation of the President.Correct answer is option 'D'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Which of the following statements is not correct with reference to a Money Bill?a)It can be introduced in the Lok Sabha only.b)It can be introduced by a Minister of the government only.c)It can be detained by the Rajya Sabha for a maximum period of 2 weeks only.d)It can be introduced even without the recommendation of the President.Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which of the following statements is not correct with reference to a Money Bill?a)It can be introduced in the Lok Sabha only.b)It can be introduced by a Minister of the government only.c)It can be detained by the Rajya Sabha for a maximum period of 2 weeks only.d)It can be introduced even without the recommendation of the President.Correct answer is option 'D'. Can you explain this answer?.
Which of the following statements is not correct with reference to a Money Bill?a)It can be introduced in the Lok Sabha only.b)It can be introduced by a Minister of the government only.c)It can be detained by the Rajya Sabha for a maximum period of 2 weeks only.d)It can be introduced even without the recommendation of the President.Correct answer is option 'D'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Which of the following statements is not correct with reference to a Money Bill?a)It can be introduced in the Lok Sabha only.b)It can be introduced by a Minister of the government only.c)It can be detained by the Rajya Sabha for a maximum period of 2 weeks only.d)It can be introduced even without the recommendation of the President.Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which of the following statements is not correct with reference to a Money Bill?a)It can be introduced in the Lok Sabha only.b)It can be introduced by a Minister of the government only.c)It can be detained by the Rajya Sabha for a maximum period of 2 weeks only.d)It can be introduced even without the recommendation of the President.Correct answer is option 'D'. Can you explain this answer?.
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Which of the following statements is not correct with reference to a Money Bill?a)It can be introduced in the Lok Sabha only.b)It can be introduced by a Minister of the government only.c)It can be detained by the Rajya Sabha for a maximum period of 2 weeks only.d)It can be introduced even without the recommendation of the President.Correct answer is option 'D'. Can you explain this answer?, a detailed solution for Which of the following statements is not correct with reference to a Money Bill?a)It can be introduced in the Lok Sabha only.b)It can be introduced by a Minister of the government only.c)It can be detained by the Rajya Sabha for a maximum period of 2 weeks only.d)It can be introduced even without the recommendation of the President.Correct answer is option 'D'. Can you explain this answer? has been provided alongside types of Which of the following statements is not correct with reference to a Money Bill?a)It can be introduced in the Lok Sabha only.b)It can be introduced by a Minister of the government only.c)It can be detained by the Rajya Sabha for a maximum period of 2 weeks only.d)It can be introduced even without the recommendation of the President.Correct answer is option 'D'. Can you explain this answer? theory, EduRev gives you an
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