Question

Compare financial powers of lok sabha and Rajya Sabha. which one of the two is more powerful in financiak matter

Answer 1

Answer ⇒ Lok sabha has good control financial powers but Rajya sabha don't have.

Explanation ⇒ Rajya sabha has no power in Financial Matters.

All the financial powers are just enjoyed by the Lok Sabha. Money bills can never be introduced in the Rajya sabha it is always introduced in Lok Sabha.

After it has been passed in lok sabha, it is considered to be passed, but it is still send to rajya sabha for there opinion, which Rajya sabha should return within 14 days, otherwise the bill will be rejected in Rajya sabha and will be considered as pass.

After Rayja sabha has given there opinion, then Lok Sabha is not obliged to follow all the Opinion.

Thus, we can say that all the money powers or financial power are totally in the and of Rajya sabha and not a little power is in hand of Rajya sabha.

Hope it helps.

Answer 2

Answer:

A Money Bill may only be introduced in Lok Sabha, on the recommendation of the President. It must be passed in Lok Sabha by a simple majority of all members present and voting.  Following this, it may be sent to the Rajya Sabha for its recommendations, which Lok Sabha may reject if it chooses to.  If such recommendations are not given within 14 days, it will deemed to be passed by Parliament.

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