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What is Rajya Sabha's role in case of a Money Bill?

Answer and explanation

Correct answer: It can only make recommendations

Direct answer: A. When a Money Bill is passed by the Lok Sabha, the Rajya Sabha cannot reject it or make binding amendments. It may consider the Bill and send recommendations to the Lok Sabha within the constitutionally provided period. The Lok Sabha may accept or reject those recommendations. If the Rajya Sabha does not return the Bill in time, it is treated as passed by both Houses in the relevant constitutional manner. B is wrong because Rajya Sabha cannot permanently block a Money Bill. C is wrong because it has no power to dissolve Lok Sabha. D is wrong because preparing and approving the Union budget is not a task performed by Rajya Sabha alone. Memory cue: for Money Bills, Rajya Sabha advises; Lok Sabha has the decisive financial role.

Related tags

Rajya SabhaMoney BillRecommendationsFinancial PowersParliamentParliament (Lok Sabha And Rajya Sabha Powers)Parliament Lok Sabha And Rajya Sabha PowersWorking Of Institutions

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