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Polity & Governance2013
What will follow if a Money Bill is substantially amended by the Rajya Sabha?

Explanation

In the context of parliamentary procedure in India, a Money Bill is defined under Article 110 of the Constitution, and it can only be introduced in the Lok Sabha. If the Rajya Sabha makes substantial amendments to a Money Bill, the Lok Sabha is not bound to accept these changes. This underscores the primacy of the Lok Sabha in financial matters, reflecting the Constitution's intention to ensure that elected representatives directly accountable to the electorate have the final say on financial legislation. Thus, the Lok Sabha can choose to either accept or reject the Rajya Sabha's recommendations, reinforcing its position as the house representing the will of the people in fiscal matters.

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