With reference to the Rajya Sabha, which among the following statements is / are correct?
1. Rajya Sabha has been empowered to delay a money bill NOT beyond 14 days
2. Rajya Sabha can not reject a money bill, but it has power to vote for public expenditures
Choose the correct option from the codes given below:

Answer: [A] Only 1

In so far as financial control of the Executive by Parliament is concerned, this vests exclusively in the Lok Sabha. The Rajya Sabha cannot initiate a Money Bill ; it cannot reject or even amend a Money Bill. It has no power to vote money for the public expenditure ; demands for grants are not submitted to the Rajya Sabha for vote.

This question is a part of GKToday's Integrated IAS General Studies Module