Question 248 of 1003
2023Polity and Governance
17. With reference to Finance Bill and Money Bill in the Indian Parliament, consider the following statements:
1. When the Loksabha transmits the Finance bill to the Rajya Sabha, it can amend or reject the Bill2. When the Lok Sabha transmits, Money Bill to the Rajya Sabha, it cannot amend or reject the Bill, it can only make recommendations3. In the case of disagreement, between the Lok Sabha and the Rajya Sabha, there is no joint sitting for Money Bill, but a joint sitting becomes necessary for Finance Bill.
How many of the above statements are correct?