Option 1: This statement is correct. As per Article 110 of the Constitution of India, a Money Bill can only be introduced in the Lok Sabha (House of the People) and not in the Rajya Sabha (Council of States).

Option 2: This statement is also correct. The Rajya Sabha has limited powers when it comes to a Money Bill. It cannot reject or amend the Bill. It can only suggest changes, which the Lok Sabha may or may not accept.

Option 3: This statement is correct. The Speaker of the Lok Sabha has the authority to determine whether a Bill is a Money Bill or not. The Speaker`s decision is final and cannot be questioned or challenged.

Option 4: This statement is incorrect. The Rajya Sabha does have the power to discuss a Money Bill. While it cannot make any amendments or reject the Bill, it can discuss its provisions and suggest changes to the Lok Sabha.

In conclusion, the correct answer is option 4. Alert - The correct answer should be option 3 as it incorrectly states that the Speaker of the Lok Sabha has sole and final power in deciding whether a Bill is a Money Bill or not. The decision of the Speaker can be challenged in the court of law.