Option 1 states that a Money Bill cannot be introduced in the Rajya Sabha. This is correct. According to the Constitution of India, a Money Bill can only be introduced in the Lok Sabha, the lower house of Parliament. The Rajya Sabha, being the upper house, does not have the power to introduce or initiate Money Bills.
Option 2 states that the Rajya Sabha has no power to reject or amend a Money Bill. This is also correct. The Rajya Sabha can only make recommendations regarding amendments to the Money Bill. However, the final decision on these recommendations lies with the Lok Sabha, and the Rajya Sabha cannot reject or amend the Bill itself.
Option 3 states that the Rajya Sabha cannot discuss the Annual Financial Statement. This statement is incorrect. The Rajya Sabha can indeed discuss and debate the Annual Financial Statement, which is presented by the Finance Minister. However, it does not have the power to vote on the Demands for Grants.
Option 4 states that the Rajya Sabha has no power to vote on the Demands for Grants. This is correct. The Demands for Grants are solely voted upon by the Lok Sabha. The Rajya Sabha does not have the power to vote on these demands.
In conclusion, option 3 is