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Which of the following are correct regarding the Money Bill?
1. If a Money Bill passed by the Lok Sabha is not returned to it within a period of 2 weeks of its transmission to the Rajya Sabha, it shall be deemed to have been passed by both the Houses.
2. Its rejection in the Rajya Sabha means the defeat of the Government
3. To be introduced in Parliament, it requires the recommendation of the President
4. It has to be introduced in the Lok Sabha
3,4
1,3,4
2,3,4
1,2,4
2nd statement is incorrect because the rejection of money bill in the Lok Sabha means defeat of the government not Rajya Sabha.
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