A:
Money Bill may only be introduced in the House of the People; once it is passed by the House of the People, it is sent to the Council of States, which may send it back to the House of the people along with its recommendations and proposed amendments, if any. The House of the People, however, is not bound by such recommendations and proposed amendments.
B:
A Money Bill may only be introduced in the Council of States; once it is passed by the Council of States, it is sent to the House of the People, which may send it back to the Council of States along with its recommendations and proposed amendments if any. The Council of States, however, is not bound by such recommendations and amendments. proposed
C:
A Money Bill may be introduced in either House of Parliament; once it is passed by the House in which it is introduced, it is sent to the other House, which may send it back to the House in which it was introduced along with its recommendations and proposed amendments, if any, and the House in which the Money Bill was introduced is not bond by such recommendations and amendments. proposed
D:
A Money Bill may be introduced in either House of Parliament; once it is passed by the House in which it is introduced, it is sent to the other House, which may send it back to the House in which it was introduced along with its recommendations and proposed amendments, if any, and the House in which the Money Bill was introduced is bound by such recommendations amendments. and proposed
E:
A Money Bill may only be introduced by a member of the Council of Ministers in either House of Parliament, and need not be sent to the other House. Once the House in which it was introduced passes the Money Bill, it is sent directly to the President for the President's assent, upon receipt of which, it becomes law.
Explanation
The most correct option in respect of a Money Bill in the Indian Parliament is:
A: A Money Bill may only be introduced in the House of the People; once it is passed by the House of the People, it is sent to the Council of States, which may send it back to the House of the People along with its recommendations and proposed amendments, if any. The House of the People, however, is not bound by such recommendations and proposed amendments.
Explanation:
In India, a Money Bill can only be introduced in the House of the People (Lok Sabha). After being passed by the Lok Sabha, it is sent to the Council of States (Rajya Sabha) for consideration. The Rajya Sabha can make recommendations and propose amendments to the Money Bill, but the Lok Sabha is not bound by these recommendations and amendments. Ultimately, the Lok Sabha has the final say on the Money Bill, and if it accepts or rejects the recommendations and amendments of the Rajya Sabha, the decision of the Lok Sabha prevails.
Options B, C, and D do not accurately describe the procedure for handling Money Bills in the Indian Parliament. Option E is also incorrect because it does not reflect the actual legislative process for Money Bills.
