Question

Which of the following procedures will enable the adoption of a Money Bill that was once passed by the Lok Sabha but was amended by the Rajya Sabha?

  1. It will go to the President
  2. The Lok Sabha will have to pass it with 2/3rd majority of the members sitting and voting
  3. A joint session of the two Houses will be called
  4. It will be deemed to have been passed if the Lok Sabha passes it again either by accepting or rejecting the amendments

Answer:

Option D: It will be deemed to have been passed if the Lok Sabha passes it again either by accepting or rejecting the amendments

Detailed Solution:

The correct answer is “It will be deemed to have been passed if the Lok Sabha passes it again either by accepting or rejecting the amendments”.

If the Rajya Sabha amends a Money Bill, the Lok Sabha can either accept or reject those amendments. Once the Lok Sabha passes the bill again, with or without the amendments, it is deemed to have been passed by both houses.