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Option 1 states that no amendment can be proposed to an Appropriation Bill in either House of Parliament. This means that once an Appropriation Bill is introduced, it cannot be modified or changed through amendments suggested by the Members of Parliament (MPs) in either the Lok Sabha or the Rajya Sabha. This ensures that the proposed expenses mentioned in the Appropriation Bill remain intact.
Option 2 states that no money shall be withdrawn from the Consolidated Fund of India, which is the main bank account of the Indian government, except through an appropriation made by an Appropriation Act. This means that any withdrawal of funds from the Consolidated Fund of India has to be in line with the provisions mentioned in the Appropriation Act, which is passed by the Parliament.
Option 3 is the correct answer as it states that unlike other bills, the Finance Bill needs to be passed by the Lok Sabha only. This statement is not correct because the Finance Bill needs to be passed by both the Lok Sabha and the Rajya Sabha, just like any other bill.
Option 4 states that the Finance Bill can only be introduced on the recommendation of the President of India. This is also not correct as the Finance Bill can be introduced in Parliament by the Finance Minister without requiring the President`s recommendation first