Official Answer Key & Detailed Solution
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Correct Answer: Option (C) — 1, 2 and 3
Concept & Option Breakdown
Standard Reference VerifiedStatement 1 is correct: Article 109 provides the special procedure in respect of Money Bills. Statement 2 is correct: According to Article 109(1), a Money Bill shall not be introduced in the Council of States (Rajya Sabha). Statement 3 is correct: The Rajya Sabha has restricted powers regarding Money Bills; it can only make recommendations within 14 days and cannot reject or amend the Bill directly. Statement 4 is incorrect: Under Article 109(2), the Lok Sabha may either accept or reject all or any of the recommendations/amendments suggested by the Rajya Sabha. It is not mandatory for the Lok Sabha to accept them.
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