The Finance BiIl has to be passed by the parliament within how many days of its introduction? 

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Dehli Police Constable Previous Paper 21 (Held on: 11 Dec 2020 Shift 1)
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  1. 90
  2. 75
  3. 60
  4. 85

Answer (Detailed Solution Below)

Option 2 : 75
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Detailed Solution

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The correct answer is 75.

Key Points

  • The finance bill has to be passed by the Parliament within 75 days of its introduction.
  • The Finance Bill can be introduced only in Lok Sabha.
    • However, the Rajya Sabha can recommend amendments to the Bill.
  • It must be passed in Lok Sabha by a simple majority of all members present and voting.
  • A Finance Bill is a Money Bill as defined in Article 110 of the Constitution.
  • A Money Bill passed by the Lok Sabha is deemed to have been passed by the Rajya Sabha also when no action is taken by the Upper House within 14 days.
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Last updated on May 26, 2025

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