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Question

What happens if a Money Bill passed by the Lok Sabha is partially amended by the Rajya Sabha?
  1. A joint sitting of the two houses called to resolve the difference.
  2. The bill lapses.
  3. The Lok Sabha can proceed with the bill without the amendments proposed by the Rajya Sabha.
  4. The Lok Sabha has to send the bill reconsideration to the Rajya Sabha.

A
A joint sitting of the two houses called to resolve the difference.
B
The bill lapses.
C
The Lok Sabha has to send the bill reconsideration to the Rajya Sabha.
D
The Lok Sabha can proceed with the bill without the amendments proposed by the Rajya Sabha.
Solution
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A Money Bill after having been passed by the Lok Sabha, and sent to Rajya Sabha for its recommendations, has to be returned to Lok Sabha by the Rajya Sabha, with in a period of fourteen days from the date of its receipt, with or without recommendations.

Hence, B is the correct option.

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