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What type of bill can be introduced only in the Lok Sabha and not in the Rajya Sabha?
- a)Ordinary Bill
- b)Money Bill
- c)Constitutional Amendment Bill
- d)Private Member's Bill
Correct answer is option 'B'. Can you explain this answer?
Verified Answer
What type of bill can be introduced only in the Lok Sabha and not in t...
A Money Bill can be introduced only in the Lok Sabha, and it deals with matters related to taxation, borrowing, and expenditure.
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What type of bill can be introduced only in the Lok Sabha and not in t...
Money Bill
Money bill is a type of bill that can only be introduced in the Lok Sabha and not in the Rajya Sabha. This is specified in Article 110 of the Indian Constitution. Money bills deal with financial matters such as taxation, government spending, borrowing of money by the government, etc.
Key points:
- Money bills can only be introduced in the Lok Sabha by a minister.
- The Rajya Sabha can suggest amendments to a money bill, but it cannot reject or amend it.
- If the Rajya Sabha does not pass a money bill within 14 days, it is deemed to have been passed by both houses.
- The President cannot return a money bill for reconsideration by the Parliament.
In summary, money bills are a special category of bills that can only be introduced in the Lok Sabha, which has the exclusive authority to deal with financial matters. This is to ensure that the government has the necessary resources to function and that financial decisions are made in a timely and efficient manner.
Money bill is a type of bill that can only be introduced in the Lok Sabha and not in the Rajya Sabha. This is specified in Article 110 of the Indian Constitution. Money bills deal with financial matters such as taxation, government spending, borrowing of money by the government, etc.
Key points:
- Money bills can only be introduced in the Lok Sabha by a minister.
- The Rajya Sabha can suggest amendments to a money bill, but it cannot reject or amend it.
- If the Rajya Sabha does not pass a money bill within 14 days, it is deemed to have been passed by both houses.
- The President cannot return a money bill for reconsideration by the Parliament.
In summary, money bills are a special category of bills that can only be introduced in the Lok Sabha, which has the exclusive authority to deal with financial matters. This is to ensure that the government has the necessary resources to function and that financial decisions are made in a timely and efficient manner.
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What type of bill can be introduced only in the Lok Sabha and not in the Rajya Sabha?a)Ordinary Billb)Money Billc)Constitutional Amendment Billd)Private Member's BillCorrect answer is option 'B'. Can you explain this answer?
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