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?
Explanation
Statement 1 is correct: The Rajya Sabha has no power either to reject or to amend a Money Bill. This is a provision under Article 110 of the Indian Constitution.
Statement 2 is correct. The Rajya Sabha cannot vote on the Demands for Grants. This is the exclusive privilege of the Lok Sabha.
Statement 3 is incorrect. The Rajya Sabha can discuss the Annual Financial Statement (Budget), but it does not have the power to vote on the demands for grants. This is also the exclusive privilege of the Lok Sabha.