Q. With reference to the Indian Parliament, consider the following statements :
1. A bill pending in the Lok Sabha lapses on its dissolution
2. A bill passed by the Lok Sabha and pending in the Rajya Sabha lapses on the dissolution of the Lok Sabha.
3. A bill in regard to which the President of India notified his/her intention to summon the Houses to a joint sitting lapses on the dissolution of the Lok Sabha.
Which of the statements given above is/are correct?
Exp) Option b is the correct answer.
Statement 1 is correct. When the Lok Sabha is dissolved, a bill pending in the Lok Sabha lapses (whether originating in the Lok Sabha or transmitted to it by the Rajya Sabha).
Statement 2 is correct. When the Lok Sabha is dissolved, a bill passed by the Lok Sabha but pending in the Rajya Sabha lapses.
Statement 3 is incorrect. When the Lok Sabha is dissolved, a bill does not lapse if the President has notified the holding of a joint sitting before the dissolution of Lok Sabha.
Source: Laxmikant 4th edition Chapter 22 Parliament

