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?
* Statement 1: Correct. When the Lok Sabha is dissolved, any bill pending in the Lok Sabha automatically lapses. This is because the dissolution of the Lok Sabha ends its session, and all legislative business in progress becomes void. * Statement 2: Correct. If a bill has been passed by the Lok Sabha but is pending in the Rajya Sabha, it lapses upon the dissolution of the Lok Sabha. This is true even if the Rajya Sabha has not yet acted on the bill. * Statement 3: Incorrect. A bill regarding which the President has notified a joint sitting will not lapse on the dissolution of the Lok Sabha. It can be taken up in the next session after the Lok Sabha is reconstituted. A joint sitting is called only when there is a deadlock between the Lok Sabha and Rajya Sabha.