What is the maximum period for which Rajya Sabha can hold in case of money bill?

Correct option is B

The correct answer is (b) 14 days

Explanation:
• A money bill is a specific type of bill dealing with financial matters, which can only be introduced in the Lok Sabha (House of the People).
• Once passed by the Lok Sabha, it is sent to the Rajya Sabha (Council of States) for recommendations.
• The Rajya Sabha can hold or delay a money bill for a maximum period of only 14 days.
• If the Rajya Sabha does not return the bill within 14 days, or if its recommendations are rejected by the Lok Sabha, the bill is deemed to have been passed by both Houses in the form originally passed by the Lok Sabha.

Information Booster:
• The Speaker of the Lok Sabha has the final authority to decide whether a bill is a money bill or not.
• Article 110 of the Constitution defines what a money bill is.

Additional Knowledge:
(a) 6 Months .:
• A constitutional amendment bill or an ordinary bill can potentially be held for a longer duration, leading to a joint sitting if there is a deadlock, but not a money bill.

(c) 6 Weeks .:
• This duration is often related to the period within which an ordinance must be approved by Parliament (six weeks from reassembly).

(d) 1 Month .:
• The actual maximum time period is 14 days, not one month.