Consider the following statements:

1. All Financial Bills can be introduced in the Parliament only on the recommendation of the President

2. All Financial Bills are Money Bills.

3. Rajya Sabha cannot restrict or amend any Financial Bill

Which of the statement/s given above is/are false?

a) 2 and 3 only

b) 1 and 3 only

c) 1, 2 and 3

d) None of these

Ans-[D]

Financial Bill (II) do not require the prior recommendation of President. Hence, statement 1 is false.

All money bills are financial bills but not all financial bills are money bills. So statement 2 is false.

Rajya sabha can restrict or amend Financial Bill (I) and (II). Hence statement 3 is false.