Which of the following statements are correct in respect of a Money Bill in the Parliament?
1. Article 109 of the Constitution lays down a special procedure in respect of Money Bills.
2. A Money Bill shall not be introduced in the Council of States.
3. The Rajya Sabha can either approve the Bill or suggest changes but cannot reject it.
4. Amendments to a Money Bill suggested by the Rajya Sabha have to be accepted by the Lok Sabha.
Select the answer using the code given below.
1, 2 and 3 Statements 1, 2 and 3 are correct. Article 109 provides the special procedure for Money Bills; a Money Bill can be introduced only in the Lok Sabha; and the Rajya Sabha may make recommendations but cannot reject or amend theβ¦