Which of the following statements are correct in respect of a Money Bill in the Parliament ? 1. Article 109 mentions special procedure in respect of Money Bills. 2. A Money Bill shall not be introduced in the Council of States. 3. The Rajya Sabha can either approve the Bill or suggest changes but cannot reject it. 4. Amendments to a Money Bill suggested by the Rajya Sabha have to be accepted by the Lok Sabha. Select the answer using the code given below :
Explanation
Statements 1, 2, and 3 are correct because Article 109 specifically outlines the special procedure for Money Bills, stipulating they must originate only in the Lok Sabha and that the Rajya Sabha lacks the power to reject them, being limited to suggesting recommendations within 14 days. Statement 4 is incorrect because the Lok Sabha has absolute discretion to either accept or reject any or all recommendations made by the Rajya Sabha, which makes option (c) the correct choice. The core concept being tested is the constitutional supremacy of the Lok Sabha over the Rajya Sabha regarding financial legislation under Articles 109 and 110.