Consider the following statements regarding the lapsing of a bill on dissolution of the Lok Sabha:

1.            A bill originated and passed in the Rajya Sabha but pending in the Lok Sabha does not lapse

2.            A bill for which the President has notified the holding of a joint sitting before the dissolution of Lok Sabha, does not lapse

3.            A bill passed by both Houses but returned by the president for reconsideration of Houses lapses

Which of the statements given above is/are correct?