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 Indian Constitution, the Rajya Sabha has limited powers regarding Money Bills. A Money Bill can only be introduced in the Lok Sabha. Once passed by the Lok Sabha, it is sent to the Rajya Sabha, which can only make recommendations within 14 days. If the Rajya Sabha fails to return it or if its recommendations are rejected, the bill is deemed passed. Thus, the formal approval of the Rajya Sabha is not necessary.