Multiple choice

When a Money Bill is passed by the Lok Sabha, but not returned by the Rajya Sabha within 14 days of its receipt,

  1. it cannot become an Act

  2. it is deemed to have been passed by both the Houses

  3. it is again referred to the Rajya Sabha

  4. it is reconsidered by the Lok Sabha itself

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

A money bill or supply bill is a bill that solely concerns taxation or government spending, as opposed to changes in public law. Money bills passed by the Lok Sabha are sent to the Rajya Sabha. A money bill must be returned to the Lok Sabha within 14 days or the bill is deemed to have been passed by both houses in the form it was originally passed by the Lok Sabha.