Q. Power of Rajya Sabha is dealing with money bill :

A
Equivalent power with Lok Sabha
B
Only can withhold 14 days
C
Can introduce only in Rajya Sabha
D
Decides the bill is money or not
Solution:
  • A money bill is defined by Article 110 of the Constitution.

  • Money Bills can be introduced only in Lok Sabha (the directly elected ‘people’s house’ of the Indian Parliament).

  • Money bills passed by the Lok Sabha are sent to the Rajya Sabha (the upper house of parliament, elected by the state and territorial legislatures or appointed by the president).

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