What will follow if the money bill is substantially amended by the Rajya Sabha?

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CollectorBabu · Accepted Answer

Correct Answer: The Lok Sabha may send the bill to the Rajya Sabha for reconsideration. Money Bill is introduced in Lok sabha on recommendation of President which cannot be cannot be initiated by Rajya sabha. If Lok Sabha doesn't accept any amendments recommended by Rajya Sabha, then in such case, Money Bill is deemed to be passed by both Houses of Parliament, which suggest that option A is correct. Option B is invalid as Lok Sabha has to wait for 14 days for any amendment made in the bill by Rajya Sabha. Option C is not relevant as there is no need for the President to call joint sitting for passing of Money bill.

What will follow if the money bill is substantially amended by the Rajya Sabha?

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