Which of the following statements is/are correct?

1. Money Bills can be introduced only in Lok Sabha.
2. Rajya Sabha can amend a Money Bill.

Question

Which of the following statements is/are correct?

1. Money Bills can be introduced only in Lok Sabha.
2. Rajya Sabha can amend a Money Bill.

Accepted Answer

**Solution:**

1. According to the Indian Constitution, **Money Bills can be introduced only in the Lok Sabha**. This is explicitly mentioned under Article 110 and Article 109.

2. The Rajya Sabha **cannot amend a Money Bill**. It can only make recommendations, which the Lok Sabha may accept or reject. The Rajya Sabha must return the Money Bill within 14 days, otherwise, it is deemed passed by both Houses.

Hence, statement 1 is correct, and statement 2 is incorrect.

**Answer:** Only 1

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