Consider the following statements:1. The Rajya Sabha has no power either to reject or to amend a Money Bill.2. The Rajya Sabha cannot vote on the Demands for Grants.3. The Rajya Sabha cannot discuss the Annual Financial Statement.Which of the statements given above is/are correct?
✓ Correct answer: b) 1 and 2 only
ExplanationStatement 1 is correct: According to Article 109 of the Constitution of India Rajya Sabha cannot amend or reject the Money Bill.The Rajya Sabha can keep the Money Bill for a maximum period of 14 days.It should return the bill with or without recommendation to Lok Sabha and after which Lok Sabha may accept or reject recommendation.Statement 2 is correct: The Demands for Grants (which are the detailed estimates of expenditure) are voted in the Lok Sabha.The Rajya Sabha does not have the power to vote on these demands, although it can discuss them.According to Article 113 of the Constitution, only the Lok Sabha has the power to approve or reject the Demands for Grants.No demand for a grant shall be made except on the recommendation of the President.Statement 3 is incorrect: The Rajya Sabha enjoys equal status with the Lok Sabha on the matter of discussion of Annual Financial Statement (Article 112).While the Rajya Sabha can discuss the budget, it cannot vote on it or pass it.The Rajya Sabha can only make recommendations, which the Lok Sabha can either accept or reject.The main
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