Correct option is D
A Constitutional Amendment Bill must be passed by both Houses of Parliament separately with a special majority. A "special majority" requires more than 50% of the total membership of each House and at least two-thirds of the members present and voting. This is specified under Article 368 of the Constitution of India, which deals with the procedure for amending the Constitution.
Ordinary Bill: An Ordinary Bill refers to any bill that deals with matters not covered by Money Bills, Finance Bills, or Constitutional Amendment Bills. It can be introduced in either House of Parliament, Lok Sabha or Rajya Sabha. It requires a simple majority (more than 50% of members present and voting) to pass in both Houses. The bill must be approved by both Lok Sabha and Rajya Sabha before it can be sent to the President for assent. In case of a disagreement between the two Houses, a joint sitting of both Houses can be called to resolve the issue.
Money Bill: A Money Bill deals exclusively with matters related to taxation, borrowing of money, or expenditure from the Consolidated Fund of India, among other financial matters. It can only be introduced in the Lok Sabha, and not in the Rajya Sabha. It requires a simple majority in the Lok Sabha to be passed. Once passed in the Lok Sabha, it is sent to the Rajya Sabha, which can make recommendations but cannot amend or reject it.
The Rajya Sabha must return the bill within 14 days, and even if it doesn't accept the recommendations of Rajya Sabha, the bill is considered passed. After passing, it is sent to the President for approval.
Finance Bill: A Finance Bill includes all matters related to the government's finances, including the annual budget, taxation, and expenditure, but it can also include matters not classified as Money Bills. It is broader in scope than a Money Bill and may contain provisions other than those listed in Article 110 of the Constitution (which defines a Money Bill). Like a Money Bill, a Finance Bill is also introduced in the Lok Sabha. It requires a simple majority to pass. Unlike a Money Bill, if it contains provisions outside the scope of taxation and expenditure, it may require approval by both Lok Sabha and Rajya Sabha.
