Q. With reference to the differences between a Money Bill and an Ordinary Bill in the Indian Parliament, consider the following statements:

1. An Ordinary Bill can be introduced in either House of Parliament, whereas a Money Bill can only be introduced in the Lok Sabha.
2. A Money Bill requires the President's recommendation for introduction, but an Ordinary Bill does not.
3. The Rajya Sabha cannot amend or reject a Money Bill, while it can do so for an Ordinary Bill.
4. The Rajya Sabha can detain a Money Bill for a maximum of one month, whereas an Ordinary Bill can be detained for up to six months.

Select the correct answer using the codes given below:
Answer: Only 1, 2 & 3
Notes: Only statements 1, 2, and 3 are correct. Article 110 states Money Bills can only be introduced in Lok Sabha, require the President’s recommendation, and cannot be amended or rejected by the Rajya Sabha. However, Rajya Sabha can detain a Money Bill for only 14 days, not one month; an Ordinary Bill can be detained up to 6 months.