UPSC Prelims 2023 · GS Paper 1 · Q67

Polity

Hard · Finance Bill vs Money Bill procedure

Consider the following statements about a Finance Bill (Category I) and a Money Bill in Indian Parliamentary procedure:

1. Once transmitted to the Rajya Sabha, a Finance Bill (Category I) can be amended or rejected by it just like an ordinary bill.

2. The Rajya Sabha's power over a Money Bill is confined to making recommendations, which the Lok Sabha may accept or reject.

3. A deadlock between the two Houses over a Money Bill, like an ordinary bill, is resolved through a joint sitting under Article 108.

How many of the above statements are correct?