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Parliamentary Procedures
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UPSC Prelims 2023 Paper-1 📅 28 May, 2023

With reference to Finance Bill and Money Bill in the Indian Parliament, consider the following statements:
  • 1. When the Lok Sabha transmits Finance Bill to the Rajya Sabha, it can amend or reject the Bill.
  • 2. When the Lok Sabha transmits Money Bill to the Rajya Sabha, it cannot amend or reject the Bill, it can only make recommendations.
  • 3. In the case of disagreement between the Lok Sabha and the Rajya Sabha, there is no joint sitting for Money Bill, but a joint sitting becomes necessary for Finance Bill.
How many of the above statements are correct?

A
Only one
B
Only two
C
All three
D
None
Result Summary
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UPSC Prelims
2023 • 28 May, 2023 • Paper-1
With reference to Finance Bill and Money Bill in the Indian Parliament, consider the following statements:
  • 1. When the Lok Sabha transmits Finance Bill to the Rajya Sabha, it can amend or reject the Bill.
  • 2. When the Lok Sabha transmits Money Bill to the Rajya Sabha, it cannot amend or reject the Bill, it can only make recommendations.
  • 3. In the case of disagreement between the Lok Sabha and the Rajya Sabha, there is no joint sitting for Money Bill, but a joint sitting becomes necessary for Finance Bill.
How many of the above statements are correct?
Correct Answer
Only two
Subject: Polity.Context: Legislative Procedures.Details: In Parliamentary practice, 'The Finance Bill' introduced with the Budget is certified as a Money Bill u......
Ref/Book : UPSC Prelims 2023
Ref. Subject Polity
Chapter -
Ref. Topic Parliamentary Procedures
Pg. No -
💡 Analysis & Explanation
Subject ▼
Polity.
Context ▼
Legislative Procedures.
Details ▼
In Parliamentary practice, 'The Finance Bill' introduced with the Budget is certified as a Money Bill under Art 110. Hence, Rajya Sabha cannot amend or reject it (making Statement 1 incorrect contextually for the core Budget Finance Bill). Statement 2 is absolutely correct; Rajya Sabha can only recommend changes to Money Bills within 14 days. Statement 3 is correct; joint sittings (Art 108) are applicable to ordinary and certain financial bills to resolve deadlocks, but strictly not for Money Bills. Thus, two statements are correct.
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