Consider the following statements:
1. Money Bills cannot be introduced in the Lok Sabha without the prior consent of the President
2. Bills seeking alterations of State boundaries or changes in the names of State again has to be introduced in the Parliament with the prior consent of the President
Which among the above statements is / are correct?

Answer: [C] Both 1 & 2

Both are correct statements

This question is a part of GKToday's Integrated IAS General Studies Module