Consider the following statements about Money Bills in India:

  1. Article 110 of the constitution deals with Money Bills in India.
  2. A Money Bill can only be introduced in Lok Sabha, on the recommendation of the President. 
  3. The Speaker of the Lok Sabha decides whether the Bill is a Money Bill or not. 

Which of the following statement/s is/are correct? 

1
Both 1 and 2
2
Both 2 and 3
3
Both 1 and 3
4
All of the above

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