Consider the following statements regarding Money bills : 1. They ca

Consider the following statements regarding Money bills :

1. They can be introduced only after the President’s recommendation.
2. Money bill can be introduced only by a Minister.
3. Speaker’s decision to decide whether a bill is a money bill or not cannot be questioned in the courts.

Which of the above statements are correct ?

1 and 2 only

2 and 3 only

1 and 3 only

1, 2 and 3

Answer is Right!

Answer is Wrong!

This question was previously asked in

UPSC Combined Section Officer – 2024

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Statements 1 and 2 are correct, while Statement 3 is incorrect. Statement 1 is correct as a Money Bill can be introduced in Lok Sabha only on the recommendation of the President (Article 117(1) read with Article 110). Statement 2 is correct as Money Bills are essentially government bills and can only be introduced by a minister. Statement 3 is incorrect; while Article 110(3) states that the Speaker’s decision on whether a bill is a Money Bill is final, this finality applies within the legislative process and does not preclude judicial review by the Supreme Court or High Courts on grounds of illegality, malafides, or constitutional infirmity, as held in various judgments.

Money Bills require President’s recommendation and can only be introduced by a minister in Lok Sabha. The Speaker’s decision is final within Parliament but subject to judicial review.

Money Bills can only be introduced in the Lok Sabha. The Rajya Sabha has limited powers over Money Bills; it cannot amend or reject a Money Bill but can only make recommendations, which the Lok Sabha may accept or reject. The Rajya Sabha must return a Money Bill within 14 days.

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