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Consider the following statements:

  1. The Rajya Sabha has no power either to reject or to amend a Money Bill.
  2. The Rajya Sabha cannot vote on the Demands for Grants.
  3. The Rajya Sabha cannot discuss the Annual Financial Statement.
Which of the statements given above is/are correct?
  1. 1 only
  2. 1 and 2 only
  3. 2 and 3 only
  4. 1, 2 and 3

Explanation

Statement 1 is correct and statement 3 is incorrect
  • After a money bill is passed by the Lok Sabha, it is transmitted to the Rajya Sabha for its consideration.
  • The Rajya Sabha has restricted powers with regard to a money bill.
  • It cannot reject or amend a money bill. It can only make recommendations.
  • It must return the bill to the Lok Sabha within 14 days, whether with or without recommendations.
  • The Lok Sabha can either accept or reject all or any of the recommendations of the Rajya Sabha.
Statement 2 is correct
  • The Rajya Sabha has no power to vote on the demand for grants; it is the exclusive privilege of the Lok Sabha.
Answer: (b) 1 and 2 only; Difficulty Level: Easy
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