Consider the following statements (i) A Money Bill can be introduced in any of the Houses of Parliament.

Question

Consider the following statements:

(i) A Money Bill can be introduced in any of the Houses of Parliament.

(ii) The determination whether a Bill is a Money Bill is made by the Union Cabinet.

Which of the above statements are correct?

1. A. Only (i)
2. B. Only (ii)
3. C. Both (i) and (ii)
4. D. Neither (i) nor (ii) (Correct answer)

Correct Answer

Option D — Neither (i) nor (ii)

Detailed Solution & Explanation

The correct answer is Neither (i) nor (ii).

Key Points

• Both statements are incorrect.
• (i) A Money Bill can only be introduced in the Lok Sabha, not in the Rajya Sabha.
• (ii) The determination of whether a Bill is a Money Bill is made by the Speaker of the Lok Sabha, not the Union Cabinet.
• The Rajya Sabha can only make recommendations on Money Bills, which the Lok Sabha may accept or reject.