What will follow if a Money Bill is substantially amended by the Rajya Sabha ........

Indian Polity Indian Parliament

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What will follow if a Money Bill is substantially amended by the Rajya Sabha?

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UPSC CSP Previous Year Paper (2013)

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The Lok Sabha may still proceed with the Bill, accepting or not accepting the recommendations of the Rajya Sabha

The Lok Sabha cannot consider the Bill further

The Lok Sabha may send the Bill to the Rajya Sabha for reconsideration

The President may call a joint sitting for passing the Bill

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Explanation:

Although Rajya Sabha can't amend or reject the money bill, but it can make recommendations, which lok sabha may or may not accept. So statement 1 is correct.

Rajya Sabha on Money bill: Rajya Sabha can not amend or reject a money bill but only plays a recommendatory role in passing of money bill. RS must return the money bill within 14 days to LS with or without any recommendations. Weather LS accepts or does not except recommendations of RS, bill is deemed to have been passed by both the houses. Now bill is forwarded to President for his assent & he is bound to give his assent to the bill.

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