Q. Which of the following differences between money bill and an ordinary bill is/are correct?

1. An Ordinary Bill can be introduced in any of the Houses of Parliament while money bill can only be introduced in the Lok Sabha.
2. Money bill can be introduced only after the recommendation of the President. While recommendation of President is not required for an ordinary bill.
3. Money Bill can’t be amended or rejected by the Rajya Sabha while an ordinary bill can be amended or rejected by Rajya Sabha.
4. Money Bill can be detained by the Rajya Sabha for a maximum of 1 month only while Rajya Sabha can detain an ordinary Bill for a maximum of 6 months.

Choose the correct answer using the codes given below:
Answer: Only 1, 2 & 3
Notes: Article 110 of the Indian Constitution defines a 'Money Bill' as one that exclusively addresses tax-related provisions. Money Bills can only be introduced in the Lok Sabha and require the President's recommendation, unlike Ordinary Bills. The Rajya Sabha cannot amend or reject Money Bills, which it must return within 14 days, while it can amend or reject Ordinary Bills, which can be detained for up to 6 months. If a Money Bill is defeated in the Lok Sabha, the entire council of ministers must resign. for an Ordinary Bill, only the introducing member's government may resign. Money Bills cannot be returned for reconsideration by the President, whereas Ordinary Bills can.