Which of the following statements about the powers of the Rajya Sabha is correct?
I. The Rajya Sabha cannot vote on the Demands for Grants.
II. A Money Bill cannot be introduced in the Rajya Sabha.
III. The Rajya Sabha can discuss the Annual Financial Statement.
All three statements are correct. The Rajya Sabha does not have the power to vote on the Demands for Grants (I), cannot introduce a Money Bill (II), and can discuss but not vote on the Annual Financial Statement (III), highlighting its limited financial powers compared to the Lok Sabha.
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