{"id":93790,"date":"2025-06-01T11:57:13","date_gmt":"2025-06-01T11:57:13","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=93790"},"modified":"2025-06-01T11:57:13","modified_gmt":"2025-06-01T11:57:13","slug":"consider-the-following-statements-1-article-117-deals-with-all-the","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/consider-the-following-statements-1-article-117-deals-with-all-the\/","title":{"rendered":"Consider the following statements:\n  1. Article 117 deals with all the"},"content":{"rendered":"<p>Consider the following statements:<\/p>\n<ul>\n<li>1. Article 117 deals with all the 3 types of financial bills.<\/li>\n<li>2. Financial bill (I) can be amended or rejected by the Rajya Sabha.<\/li>\n<li>3. All financial bills are not money bills.<\/li>\n<\/ul>\n<p>Which of the above statements are correct ?<\/p>\n<p>[amp_mcq option1=&#8221;1 and 2 only&#8221; option2=&#8221;2 and 3 only&#8221; option3=&#8221;1 and 3 only&#8221; option4=&#8221;1, 2 and 3&#8243; correct=&#8221;option2&#8243;]<\/p>\n<div class=\"psc-box-pyq-exam-year-detail\">\n<div class=\"pyq-exam\">\n<div class=\"psc-heading\">This question was previously asked in<\/div>\n<div class=\"psc-title line-ellipsis\">UPSC Combined Section Officer &#8211; 2024<\/div>\n<\/div>\n<div class=\"pyq-exam-psc-buttons\"><a href=\"\/pyq\/pyq-upsc-combined-section-officer-2024.pdf\" target=\"_blank\" class=\"psc-pdf-button\" rel=\"noopener\">Download PDF<\/a><a href=\"\/pyq-upsc-combined-section-officer-2024\" target=\"_blank\" class=\"psc-attempt-button\" rel=\"noopener\">Attempt Online<\/a><\/div>\n<\/div>\n<section id=\"pyq-correct-answer\">\nStatements 2 and 3 are correct, while Statement 1 is incorrect. Statement 1 is incorrect because Article 117 primarily deals with Financial Bills (Category I and Category II). Money Bills are defined in Article 110, although they are also a type of financial bill. So, Article 117 does not deal with *all three* types (Money Bill, Financial Bill I, Financial Bill II) comprehensively, rather Article 110 defines Money Bills, and Article 117 covers Financial Bills I and II. Statement 2 is correct; Financial Bill (Category I) is similar to an ordinary bill in that Rajya Sabha can amend or reject it, but it requires the President&#8217;s recommendation for introduction. Statement 3 is correct; all financial bills are not Money Bills. Money Bills are a sub-category of financial bills, specifically those dealing *only* with matters listed in Article 110. Financial Bills (Category I and II) are other types of financial bills that do not exclusively contain matters listed in Article 110.<br \/>\n<\/section>\n<section id=\"pyq-key-points\">\nMoney Bills (Article 110) are a distinct category from Financial Bills (Article 117). Rajya Sabha has limited powers regarding Money Bills but has more powers over Financial Bills (Category I).<br \/>\n<\/section>\n<section id=\"pyq-additional-information\">\nFinancial Bill (Category I) contains not only any of the matters specified in Article 110 but also other matters of general legislation. It can only be introduced in Lok Sabha on the recommendation of the President, but in other respects, it is governed by the same procedure as an ordinary bill. Financial Bill (Category II) contains provisions involving expenditure from the Consolidated Fund of India but does not include any of the matters mentioned in Article 110. It can be introduced in either House and does not require the President&#8217;s recommendation for introduction, but requires his recommendation for consideration by either House. Rajya Sabha has full powers regarding Financial Bill (Category II).<br \/>\n<\/section>\n","protected":false},"excerpt":{"rendered":"<p>Consider the following statements: 1. Article 117 deals with all the 3 types of financial bills. 2. Financial bill (I) can be amended or rejected by the Rajya Sabha. 3. All financial bills are not money bills. Which of the above statements are correct ? [amp_mcq option1=&#8221;1 and 2 only&#8221; option2=&#8221;2 and 3 only&#8221; option3=&#8221;1 &#8230; <\/p>\n<p class=\"read-more-container\"><a title=\"Consider the following statements:\n  1. Article 117 deals with all the\" class=\"read-more button\" href=\"https:\/\/exam.pscnotes.com\/mcq\/consider-the-following-statements-1-article-117-deals-with-all-the\/#more-93790\">Detailed Solution<span class=\"screen-reader-text\">Consider the following statements:<br \/>\n  1. Article 117 deals with all the<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1090],"tags":[1103,1099,1111],"class_list":["post-93790","post","type-post","status-publish","format-standard","hentry","category-upsc-combined-section-officer","tag-1103","tag-indian-polity-and-governance","tag-the-parliament","no-featured-image-padding"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Consider the following statements:  1. Article 117 deals with all the<\/title>\n<meta name=\"description\" content=\"Statements 2 and 3 are correct, while Statement 1 is incorrect. Statement 1 is incorrect because Article 117 primarily deals with Financial Bills (Category I and Category II). Money Bills are defined in Article 110, although they are also a type of financial bill. So, Article 117 does not deal with *all three* types (Money Bill, Financial Bill I, Financial Bill II) comprehensively, rather Article 110 defines Money Bills, and Article 117 covers Financial Bills I and II. Statement 2 is correct; Financial Bill (Category I) is similar to an ordinary bill in that Rajya Sabha can amend or reject it, but it requires the President&#039;s recommendation for introduction. Statement 3 is correct; all financial bills are not Money Bills. Money Bills are a sub-category of financial bills, specifically those dealing *only* with matters listed in Article 110. Financial Bills (Category I and II) are other types of financial bills that do not exclusively contain matters listed in Article 110. Money Bills (Article 110) are a distinct category from Financial Bills (Article 117). Rajya Sabha has limited powers regarding Money Bills but has more powers over Financial Bills (Category I).\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/mcq\/consider-the-following-statements-1-article-117-deals-with-all-the\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Consider the following statements:  1. Article 117 deals with all the\" \/>\n<meta property=\"og:description\" content=\"Statements 2 and 3 are correct, while Statement 1 is incorrect. Statement 1 is incorrect because Article 117 primarily deals with Financial Bills (Category I and Category II). Money Bills are defined in Article 110, although they are also a type of financial bill. So, Article 117 does not deal with *all three* types (Money Bill, Financial Bill I, Financial Bill II) comprehensively, rather Article 110 defines Money Bills, and Article 117 covers Financial Bills I and II. Statement 2 is correct; Financial Bill (Category I) is similar to an ordinary bill in that Rajya Sabha can amend or reject it, but it requires the President&#039;s recommendation for introduction. Statement 3 is correct; all financial bills are not Money Bills. Money Bills are a sub-category of financial bills, specifically those dealing *only* with matters listed in Article 110. Financial Bills (Category I and II) are other types of financial bills that do not exclusively contain matters listed in Article 110. Money Bills (Article 110) are a distinct category from Financial Bills (Article 117). Rajya Sabha has limited powers regarding Money Bills but has more powers over Financial Bills (Category I).\" \/>\n<meta property=\"og:url\" content=\"https:\/\/exam.pscnotes.com\/mcq\/consider-the-following-statements-1-article-117-deals-with-all-the\/\" \/>\n<meta property=\"og:site_name\" content=\"MCQ and Quiz for Exams\" \/>\n<meta property=\"article:published_time\" content=\"2025-06-01T11:57:13+00:00\" \/>\n<meta name=\"author\" content=\"rawan239\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"rawan239\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Consider the following statements:  1. Article 117 deals with all the","description":"Statements 2 and 3 are correct, while Statement 1 is incorrect. Statement 1 is incorrect because Article 117 primarily deals with Financial Bills (Category I and Category II). Money Bills are defined in Article 110, although they are also a type of financial bill. So, Article 117 does not deal with *all three* types (Money Bill, Financial Bill I, Financial Bill II) comprehensively, rather Article 110 defines Money Bills, and Article 117 covers Financial Bills I and II. Statement 2 is correct; Financial Bill (Category I) is similar to an ordinary bill in that Rajya Sabha can amend or reject it, but it requires the President's recommendation for introduction. Statement 3 is correct; all financial bills are not Money Bills. Money Bills are a sub-category of financial bills, specifically those dealing *only* with matters listed in Article 110. Financial Bills (Category I and II) are other types of financial bills that do not exclusively contain matters listed in Article 110. Money Bills (Article 110) are a distinct category from Financial Bills (Article 117). Rajya Sabha has limited powers regarding Money Bills but has more powers over Financial Bills (Category I).","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/exam.pscnotes.com\/mcq\/consider-the-following-statements-1-article-117-deals-with-all-the\/","og_locale":"en_US","og_type":"article","og_title":"Consider the following statements:  1. Article 117 deals with all the","og_description":"Statements 2 and 3 are correct, while Statement 1 is incorrect. Statement 1 is incorrect because Article 117 primarily deals with Financial Bills (Category I and Category II). Money Bills are defined in Article 110, although they are also a type of financial bill. So, Article 117 does not deal with *all three* types (Money Bill, Financial Bill I, Financial Bill II) comprehensively, rather Article 110 defines Money Bills, and Article 117 covers Financial Bills I and II. Statement 2 is correct; Financial Bill (Category I) is similar to an ordinary bill in that Rajya Sabha can amend or reject it, but it requires the President's recommendation for introduction. Statement 3 is correct; all financial bills are not Money Bills. Money Bills are a sub-category of financial bills, specifically those dealing *only* with matters listed in Article 110. Financial Bills (Category I and II) are other types of financial bills that do not exclusively contain matters listed in Article 110. Money Bills (Article 110) are a distinct category from Financial Bills (Article 117). Rajya Sabha has limited powers regarding Money Bills but has more powers over Financial Bills (Category I).","og_url":"https:\/\/exam.pscnotes.com\/mcq\/consider-the-following-statements-1-article-117-deals-with-all-the\/","og_site_name":"MCQ and Quiz for Exams","article_published_time":"2025-06-01T11:57:13+00:00","author":"rawan239","twitter_card":"summary_large_image","twitter_misc":{"Written by":"rawan239","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/exam.pscnotes.com\/mcq\/consider-the-following-statements-1-article-117-deals-with-all-the\/","url":"https:\/\/exam.pscnotes.com\/mcq\/consider-the-following-statements-1-article-117-deals-with-all-the\/","name":"Consider the following statements: 1. Article 117 deals with all the","isPartOf":{"@id":"https:\/\/exam.pscnotes.com\/mcq\/#website"},"datePublished":"2025-06-01T11:57:13+00:00","dateModified":"2025-06-01T11:57:13+00:00","author":{"@id":"https:\/\/exam.pscnotes.com\/mcq\/#\/schema\/person\/5807dafeb27d2ec82344d6cbd6c3d209"},"description":"Statements 2 and 3 are correct, while Statement 1 is incorrect. Statement 1 is incorrect because Article 117 primarily deals with Financial Bills (Category I and Category II). Money Bills are defined in Article 110, although they are also a type of financial bill. So, Article 117 does not deal with *all three* types (Money Bill, Financial Bill I, Financial Bill II) comprehensively, rather Article 110 defines Money Bills, and Article 117 covers Financial Bills I and II. Statement 2 is correct; Financial Bill (Category I) is similar to an ordinary bill in that Rajya Sabha can amend or reject it, but it requires the President's recommendation for introduction. Statement 3 is correct; all financial bills are not Money Bills. Money Bills are a sub-category of financial bills, specifically those dealing *only* with matters listed in Article 110. Financial Bills (Category I and II) are other types of financial bills that do not exclusively contain matters listed in Article 110. Money Bills (Article 110) are a distinct category from Financial Bills (Article 117). Rajya Sabha has limited powers regarding Money Bills but has more powers over Financial Bills (Category I).","breadcrumb":{"@id":"https:\/\/exam.pscnotes.com\/mcq\/consider-the-following-statements-1-article-117-deals-with-all-the\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/exam.pscnotes.com\/mcq\/consider-the-following-statements-1-article-117-deals-with-all-the\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/exam.pscnotes.com\/mcq\/consider-the-following-statements-1-article-117-deals-with-all-the\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/exam.pscnotes.com\/mcq\/"},{"@type":"ListItem","position":2,"name":"UPSC Combined Section Officer","item":"https:\/\/exam.pscnotes.com\/mcq\/category\/upsc-combined-section-officer\/"},{"@type":"ListItem","position":3,"name":"Consider the following statements: 1. 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