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Financial Bills mentioned in Article 117 are of two types. Read the following statements and select the correct answer:
1.Financial Bill of First Class cannot be introduced in Rajya Sabha
2.Financial Bill of Second Class can be introduced in either House
3.Both Bills cannot be introduced without the recommendation of the President
4.Rajya Sabha has full power to reject or amend these Bills
Choose the correct options:
1, 2
1, 2, 3
1, 2, 4
All are correct
All the statements are correct regarding financial bills mentioned in Article 117 of Constitution of India. Only ordinary bills are introduced without the recommendation of President of India.
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