Consider the following statements regarding the legislative procedure for Money Bills in India:
1. A Money Bill can only be introduced in the Lok Sabha with the prior recommendation of the President.
2. The Rajya Sabha must return a Money Bill to the Lok Sabha within 14 days with or without recommendations.
3. The special procedure regarding Money Bills is dealt with under Article 109 of the Constitution of India.
Which of the statements given above are correct?

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According to the Constitution of India, a Money Bill can only be introduced in the Lok Sabha on the prior recommendation of the President (Statement 1 is correct). Article 109 outlines the special procedure for Money Bills, which stipulates that after being passed by the Lok Sabha, the bill is transmitted to the Rajya Sabha, which must return it within 14 days (Statements 2 and 3 are correct).

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