Consider the following statements:
1. The Money Bill can be introduced only in the Lok Sabha.
2. The Rajya Sabha has the power to reject a Money Bill.
Which of the statements given above is/are correct?
Answer and explanation
Correct answer: C. 1 only
- Step 1: A Money Bill can be introduced only in the Lok Sabha, and the Rajya Sabha can only make recommendations, which the Lok Sabha may reject. Answer: 1 only. Why not the others: 2 only, Both 1 and 2 and Neither 1 nor 2 don't fit.
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