Consider the following statements:
- The Rajya Sabha has no power either to reject or to amend a Money Bill.
- The Rajya Sabha cannot vote on the Demands for Grants.
- The Rajya Sabha cannot discuss the Annual Financial Statement.
Which of the statements given above is/are correct?
Detailed Explanation:
✅ Statement 1 – Correct: Under Article 109, the Rajya Sabha cannot reject or amend a Money Bill; it can only return it with recommendations within 14 days, which the Lok Sabha may accept or reject.
✅ Statement 2 – Correct: The Rajya Sabha cannot vote on Demands for Grants as per Article 113; this is the exclusive privilege of the Lok Sabha.
❌ Statement 3 – Incorrect: The Rajya Sabha can discuss the Annual Financial Statement (Budget) under Article 112, though it cannot vote on the demands for grants.
Question 6 of 7 Budget and Financial Procedures
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