Which of the following statements are true about money bill 1 Rajya Sabha canno...........

Indian Polity Indian Parliament

Which of the following statements are true about money bill?

1. Rajya Sabha cannot hold money bill for more than 14 days that has been passed by the Lok Sabha.

2. If Rajya Sabha does not return the money bill in the stipulated time limit then that bill shall be deemed passed without the consent of the Rajya Sabha.

3. No money bill can be introduced in the house without President’s consent.

4. The President has no right to reject money bill or return it to the Parliament for reconsideration.

Only 1 and 2

Only 2 and 3

Only 1, 3 and 4

1, 2, 3 and 4

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Explanation:

All of the above statements are true and Rajya Sabha cannot hold money bill for more than 14 days that has been passed by the Lok Sabha.If Rajya Sabha does not return the money bill in the stipulated time limit then that bill shall be deemed passed without the consent of the Rajya Sabha.No money bill can be introduced in the house without President’s consent.The President has no right to reject money bill or return it to the Parliament for reconsideration.