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?

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UPSC Question: With reference to the Indian Parliament, consider the follow...

With reference to the Indian Parliament, consider the following statements:

A bill pending in the Lok Sabha lapses on its dissolution.
A bill passed by the Lok Sabha and pending in the Rajya Sabha lapses on the dissolution of the Lok Sabha.
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?