Multiple Choice Questions on Money bill must be introduce in ........ for SSC (MTS) Preparation

Indian Polity

General Studies (MTS)

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Indian Economy - Understanding the basics of Indian economic system

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    Money bill must be introduce in

    Lok Sabha

    Correct Answer

    Rajya Sabha

    Incorrect Answer

    In either House

    Incorrect Answer

    None

    Incorrect Answer
    Explanation:

    Procedure for a Money Bill: Money Bills can be introduced only in Lok Sabha (the directly elected 'people's house' of the Indian Parliament). A money bill must be returned to the Lok Sabha within 14 days, or the bill is deemed to have passed both houses in the form it was originally passed by the Lok Sabha. Hence option 1st is correct.


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