Official Answer Key & Detailed Solution
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Correct Answer: Option (B) — Only two
Concept & Option Breakdown
Standard Reference VerifiedStatement 1 is incorrect: A Finance Bill that is certified as a Money Bill (under Article 110) cannot be amended or rejected by the Rajya Sabha. While a general Financial Bill (Category I or II under Article 117) can be amended/rejected by the Rajya Sabha, the broad unqualified claim in the statement is incorrect regarding the annual Finance Bill/Money Bill. Statement 2 is correct: Under Article 109, the Rajya Sabha cannot amend or reject a Money Bill; it can only suggest recommendations within 14 days. Statement 3 is correct: In the case of a Money Bill, there is no provision for a joint sitting because the Lok Sabha has overriding powers. For a Financial Bill (other than a Money Bill), a joint sitting of both Houses can be convened under Article 108 to resolve a deadlock.
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