Which of the following is most correct in respect of a Money Bill?

A. A Money Bill may only be introduced in the House of the People; once it is passed by the House of the People, it is sent to the Council of States, which may send it back to the House of the People along with its recommendations and proposed amendments, if any. The House of the People, however, is not bound by such recommendations and proposed amendments

B. A Money Bill may only be introduced in the Council of States; once it is passed by the Council of States, it is sent to the House of the People, which may send it back to the Council of States along with its recommendations and proposed amendments, if any. The Council of States, however, is not bound by such recommendations and proposed amendments

C. A Money Bill may be introduced in either House of Parliament; once it is passed by the 1 louse in which it is introduced, it is sent to the other House, which may send it back to the House in which it was introduced along with is recommendations and proposed amendments, if any, and the House in which the Money Bill was introduced is not bound by such recommendations and proposed amendments

D. A Money Bill may be introduced in either House of Parliament; once it is passed by the House in which it is introduced, it is sent to the other House, which may send it back to the House in which it was introduced along with is recommendations and proposed amendments, if any, and the House in which the Money Bill was introduced is bound by such recommendations and proposed amendments

E. A Money Bill may only be introduced by a member of the Council of Ministers in either House of Parliament, and need not be sent to the other House. Once the Mouse in which it was introduced passes the Money Bill, it is sent directly to the President or the President's assent, upon receipt of which, it becomes law

Answer: Option A