Question

Money Bill can be introduced only in:

• A. Rajya Sabha
• B. Lok Sabha
• C. Joint Sitting
• D. State Legislative Assembly

Hint:

1. A key distinction in Indian Polity: Ordinary Bills can be introduced in either house, but Money Bills can only originate in the Lok Sabha.
2. The Speaker of the Lok Sabha has the final authority to decide whether a bill is a Money Bill or not, and this decision cannot be questioned in court.

Answer 1

The Correct Option is B

Step 1: Understanding the Question:
1. This Indian Polity question concerns the legislative procedure for passing a Money Bill in the Indian Parliament.
2. It asks which house of Parliament holds the exclusive power to introduce a Money Bill.

Step 2: Detailed Explanation:
1. Firstly, a Money Bill is defined under Article 110 of the Constitution of India. It deals with taxation, government spending, borrowing, and audits of public funds.
2. Secondly, according to the constitutional provisions (Article 109), a Money Bill can only be introduced in the Lok Sabha (the lower house of Parliament, also known as the House of the People).
3. It cannot be introduced in the Rajya Sabha (the upper house, Council of States).
4. Thirdly, a Money Bill can only be introduced on the prior recommendation of the President of India.
5. Fourthly, after the Lok Sabha passes the Money Bill, it is sent to the Rajya Sabha. The Rajya Sabha has extremely limited powers in this regard:
- It cannot reject or amend the Money Bill.
- It can only make recommendations and must return the bill to the Lok Sabha within a strict time limit of 14 days.
- If the Rajya Sabha fails to return the bill within 14 days, it is deemed to have been passed by both houses in the form passed by the Lok Sabha.
6. The Lok Sabha has the absolute discretion to either accept or reject any of the recommendations made by the Rajya Sabha.

Step 3: Final Answer:
1. Consequently, a Money Bill can be introduced exclusively in the Lok Sabha.
2. This matches Option (B).