Multiple choice

What will follow if a Money Bill is substantially amended by the Rajya Sabha?

  1. The Lok Sabha may still proceed with the Bill, accepting or not accepting the recommendations of the Rajya Sabha

  2. The Lok Sabha cannot consider the bill further.

  3. The Lok Sabha may send the Bill to the Rajya Sabha for reconsideration.

  4. The President may call a joint sitting for passing the Bill.

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A Correct answer
Explanation

When a money bill returns to the Lok Sabha with amendments made by the Rajya Sabha, it is open to Lok Sabha to accept or to reject any or all of the recommendations. When the Lok Sabha chooses to accept or decline the money bill with or without the recommendation, the money bill is deemed passed in both houses.