Given below are two statements:

Statement (I) : A money bill can not be introduced in the council of states (Rajya Sabha).

Statement (II) : The council of states (Rajya Sabha) can not reject a money bill nor amend it.

In the light of the above statements, choose the most appropriate answer from the options given below:

Both Statement I and Statement II are true

1) A money bill can not be introduced in the council of states (Rajya Sabha) = Correct ( Money bills cannot be introduced in Rajya Sabha. Money bills can be introduced only in the Lok Sabha with the prior recommendation of the President.)

2) The council of states (Rajya Sabha) can not reject a money bill nor amend it. Correct ( Rajya Sabha cannot make amendments in a Money Bill passed by Lok Sabha and transmitted to it. It can, however, recommended amendments in a Money Bill. It is open to Lok Sabha to accept or reject any or all of the recommendations of Rajya Sabha with regard to a Money Bill.)

The correct answer is Option (1) → Both Statement I and Statement II are true