To pass a Money Bill in the Parliament, which of the following is not necessary?
- AApproval of the Lok Sabha
- BApproval of the Finance Minister
- CApproval of the Rajya Sabha
- DNone of the above
Solution & Step-by-step Explanation
Under Article 109 of the Constitution of India, the Rajya Sabha has extremely limited powers regarding Money Bills. A Money Bill can only be introduced in the Lok Sabha. Once passed by the Lok Sabha, it is transmitted to the Rajya Sabha for its recommendations. The Rajya Sabha must return the bill within 14 days. If it fails to do so, or if the Lok Sabha rejects its recommendations, the bill is deemed passed by both Houses. Therefore, formal approval or consent from the Rajya Sabha is not necessary to pass a Money Bill.