Which of the following statements is correct regarding the passage of the Budget in the Indian Parliament? 

1
The expenses from the Public Account of India fund can be made only with Parliamentary appropriation. 
2
No cut motion can be admitted for the matter related to charged and non-charged expenditure on the Consolidated fund of India. 
3
Cut motion if passed may lead to resignation of the government. 
4
Rajya Sabha enjoys equal privilege with Lok Sabha in voting on demand for grants

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