Which of the following statements are correct in respect of a Money Bill in the Parliament? 1. Article 109 mentions special procedure in respect of Money Bills. 2. A Money Bill shall not be introduced in the Council of States. 3. The Rajya Sabha can either approve the Bill or suggest changes but cannot reject it. 4. Amendments to a Money Bill suggested by the Rajya Sabha have to be accepted by the Lok Sabha. Select the answer using the code given below:

Article 109 prescribes the special procedure for Money Bills. As per Article 109(1), a Money Bill cannot be introduced in the Rajya Sabha (Council of States) — it must be introduced only in the Lok Sabha. The Rajya Sabha must return the Bill within 14 days with or without recommendations; it cannot reject or amend it on its own authority. However, the Lok Sabha is free to accept or reject any recommendation made by the Rajya Sabha — it is not bound to accept them. Therefore statements 1, 2 and 3 are correct, while 4 is incorrect.