Explanation –

Statements 1 and 2 are correct. The Speaker of the Lok Sabha decides whether a bill is a money bill or not, and their decision on this question is final. This is stated in Article 110(3) of the Constitution of India. The speaker decides the questions of disqualification of a member of the Lok Sabha, arising on the ground of defection under the provisions of the Tenth Schedule.

Statements 3 and 4 are incorrect. The Speaker of the Lok Sabha does not have the power to reject a bill or amendment that is presented in the Lok Sabha, even if it is against the principle enshrined in the Constitution of India. The Speaker’s role is to preside over the proceedings of the House and to ensure that the rules and procedures of the House are followed. The Speaker does not have the power to decide on the constitutionality of a bill or amendment. The decision of whether or not a bill or amendment is constitutional rests with the judiciary. The Supreme Court of India has the power to strike down any law that it finds to be unconstitutional.

The Lok Sabha Speaker cannot introduce bills in the Lok Sabha. The Lok Sabha Speaker is the presiding officer of the Lok Sabha and is responsible for ensuring that the House functions smoothly and that the rules and procedures of the House are followed. The Speaker does not have legislative powers with regard to the introduction of bills.

Source: ForumIAS