What will follow if a Monetary Bill is substantially amended by the Rajya Sabha?
- ALok Sabha may still proceed with the Bill, accepting or not accepting the recommendations of the Rajya Sabha.
- BThe Lok Sabha cannot consider the Bill further.
- CThe Lok Sabha may send the Bill to the Rajya Sabha for reconsideration.
- DThe President may call a joint sitting for passing the Bill.
Solution & Step-by-step Explanation
According to Article 109 of the Constitution of India, the Rajya Sabha has limited powers regarding a Money Bill (referred to here as a Monetary Bill).
When a Money Bill is passed by the Lok Sabha and transmitted to the Rajya Sabha, the Rajya Sabha must return the bill within 14 days with or without recommendations. The Lok Sabha may subsequently either accept or reject all or any of the recommendations of the Rajya Sabha. The Bill is deemed passed by both Houses in either case. There is no provision for a joint sitting on a Money Bill.
When a Money Bill is passed by the Lok Sabha and transmitted to the Rajya Sabha, the Rajya Sabha must return the bill within 14 days with or without recommendations. The Lok Sabha may subsequently either accept or reject all or any of the recommendations of the Rajya Sabha. The Bill is deemed passed by both Houses in either case. There is no provision for a joint sitting on a Money Bill.