Which one of the following statements about Money Bill is not correct?

Under the Indian Constitution, a Money Bill is subject to special procedures defined in Articles 109 and 110. Statement 1 is correct as a Money Bill can only originate in the Lok Sabha and cannot be introduced in the Council of States (Rajya Sabha) [4]. Statement 2 is correct because the Rajya Sabha has restricted powers; it cannot reject or amend a Money Bill and must return it within 14 days with or without recommendations [2]. Statement 3 is correct as the Speaker of the Lok Sabha has the final authority to certify whether a bill is a Money Bill. Statement 4 is incorrect because, while the Rajya Sabha's powers are limited to making recommendations, it is transmitted to the Rajya Sabha for its 'consideration' [2]. This implies the House has the power to discuss the bill before returning it to the Lok Sabha.

Sources

1. [3] Indian Polity, M. Laxmikanth(7th ed.) > Chapter 23: Parliament > Unequal Status with Lok Sabha > p. 260
2. [4] Laxmikanth, M. Indian Polity. 7th ed., McGraw Hill. > Chapter 23: Parliament > Unequal Status with Lok Sabha > p. 260
3. [1] Laxmikanth, M. Indian Polity. 7th ed., McGraw Hill. > Chapter 23: Parliament > Money Bill. > p. 248
4. [2] Indian Polity, M. Laxmikanth(7th ed.) > Chapter 23: Parliament > Money Bill. > p. 248