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Which House has greater power over a Money Bill?

Answer and explanation

Correct answer: Lok Sabha

Correct answer: B — Lok Sabha has greater power over a Money Bill. A Money Bill can be introduced only in Lok Sabha and only on the President’s recommendation. After Lok Sabha passes it, Rajya Sabha cannot reject or amend it in the same way as an ordinary bill; it may make recommendations within the prescribed period, and Lok Sabha may accept or reject those recommendations. The Speaker of Lok Sabha certifies whether a bill is a Money Bill. Option B is therefore correct. Option A is wrong because Rajya Sabha’s role is limited in this matter. Option C is wrong because both Houses do not have equal final power over a Money Bill. Option D is wrong because the Supreme Court is a judicial institution and does not pass ordinary financial legislation. Memory cue: “Money Bill starts and finally depends on Lok Sabha.”

Related tags

Money BillLok SabhaRajya SabhaFinancial PowersParliament (Lok Sabha And Rajya Sabha Powers)Parliament Lok Sabha And Rajya Sabha PowersWorking Of InstitutionsCivics

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