Consider the following statements about Money Bills and Finance Bills:
- Unlike Money bills, few other Finance bills can be introduced in either house of the Parliament
- Similar to Money bills, other Finance bills also cannot be introduced without the prior recommendation of the President
Which of the above statements is/are correct?
Second statement is incorrect because few Finance bills can be introduced in either house of the Parliament without the prior recommendation of President.
This question is a part of GKToday's Integrated IAS General Studies Module