With regard to Money bill in the State Legislature consider the following statements 1 A Money Bill ...........

Indian Polity State Legislature

With regard to Money bill in the State Legislature, consider the following statements

1. A Money Bill can be introduced in either house of state legislature.

2. When the money bill is reserved (by governor) for consideration of the President, then the President cannot withhold her assent to the bill.

Select the correct code.

1 only

2 only

Both

None

A Money Bill cannot be introduced in the legislative council. It can be introduced in the legislative assembly only and that too on the recommendation of the governor. Every such bill is considered to be a government bill and can be introduced only by a minister.
When a money bill is reserved for consideration of the President, the president may either give his assent to the bill or withhold his assent to the bill but cannot return the bill for reconsideration of the state legislature.