Correct option is C
Correct Answer: (C) 14 days
Explanation:
→ The Rajya Sabha has extremely restricted powers concerning financial legislation to ensure administrative funding is not gridlocked.
→ It can only recommend amendments; it cannot reject or directly block a Money Bill.
→ If the Upper House takes no action within the statutory window, the bill is deemed fully passed by both houses.
→ This constitutional mechanism cements the dominance of the directly elected Lok Sabha over state representatives on taxation matters.
Information Booster:
→ This legislative process is strictly governed under Article 109 of the Indian Constitution.
→ The definition of a Money Bill is detailed exclusively under Article 110.
→ The Lok Sabha Speaker holds the sole, absolute power to certify whether a draft is a Money Bill.
→ The President's prior recommendation is mandatory before introducing such bills in the Lower House.
→ If the Lok Sabha rejects any changes suggested by the Rajya Sabha, the bill is passed in its original form.