Q1. What is the power of Rajya Sabha regarding Money Bill ?
(a) It can amend it
(b) It can reject it
(c) It can withhold the bill for 14 days to make recommendations
(d) It has no power regarding Money Bill
(UPSC Prelims 1979)
Answer: (c) It can withhold the bill for 14 days to make recommendations
Explanation: The Rajya Sabha cannot amend or reject a Money Bill, but it can make recommendations within 14 days. The Lok Sabha may accept or reject these suggestions, as it holds exclusive authority over Money Bills.
Q2. Rajya Sabha can delay the Money Bill passed by the Lok Sabha for a period not exceeding
(a) 9 days
(b) 14 days
(c) 15 days
(d) 30 days
(UPSC Prelims 1980)
Answer: (b) 14 days
Explanation: As per Article 110, the Rajya Sabha can delay a Money Bill for a maximum of 14 days, after which it is deemed passed, preserving financial supremacy of Lok Sabha.
Q3. When a money bill is passed by the Parliament, the President has the power to
(a) Amend it
(b) Reject it
(c) Kept it with him
(d) Return it for reconsideration
(UPSC Prelims 1982)
Answer: (d)
Explanation: Although Money Bills are introduced only in the Lok Sabha, the President can return the bill for reconsideration. However, if it is passed again, the President is obliged to give assent, showing limited discretion in financial legislation.
Q4. Who decides whether a Bill is a ‘Money Bill’ or not ?
(a) Speaker of the Lok Sabha
(b) President
(c) Prime Minister
(d) Vice-President
(UPSC Prelims 1984)
Answer: (a) Speaker of the Lok Sabha
Explanation: The Speaker of the Lok Sabha has the exclusive authority to decide whether a Bill is a Money Bill under Article 110 of the Indian Constitution. This decision is final and binding, and cannot be challenged in court. A Money Bill deals primarily with taxation, borrowing, expenditure, and financial matters.