Choose given statement is true/false:

The Rajya Sabha can reject the budget or any other financial bill, especially the Money Bill, passed by the Lok Sabha.

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True

False

answer is B.

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Detailed Solution

The above statement is False.
The budget or any other financial bill, especially the Money Bill, passed by the Lok Sabha cannot be rejected by the Rajya Sabha. However, the Rajya Sabha can postpone a Money Bill for up to 14 days or suggest amendments that the Lok Sabha may or may not approve. After 14 days, a Money Bill is considered to have been passed by both Houses, whether the Rajya Sabha approves it or not.
The correct statement would be the Rajya Sabha cannot reject the budget or any other financial bill, especially the Money Bill, passed by the Lok Sabha.

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