Question

Discuss the procedure to be followed by the parliament in passing money Bills​

Answer 1

Answer:

A Money Bill can be introduced only in the Lok Sabha on the prior recommendation of the President. After it has been passed by the Lok Sabha, the Money Bill is sent to the Rajya Sabha, which must return the Bill within 14 days with or without its recommendations to Lok Sabha.

Answer 2

Explanation:

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.