Question

Which of the following is true?
1. A Bill pending in Rajya Sabha which has not been passed by Lok Sabha lapses on the dissolution of Lok Sabha.
2. If the President has notified about his intention to summon a joint sitting on a Bill, the Bill does not lapse even if the Lok Sabha is dissolved after the notification.

Answer 1

Hint- When the President has notified about his intention to summon a joint sitting on a Bill, the Bill does not lapse even in the case if the Lok Sabha is dissolved after the notification. However, If there is a deadlock among the two Houses about a Bill but the Lok Sabha is somehow dissolved, the Bill lapses.

Complete Answer:
It is compulsory that an ordinary bill must be passed through both the Parliament's houses and once the same is approved by both the Houses then it is sent to the President for his assent. A bill that is pending in the Rajya Sabha and has not been passed by the Lok Sabha lapses in the case of dissolution of Lok Sabha. The Constitution of India also provides for the Joint Sitting Mechanism of both the houses of Parliament in order to resolve the deadlock and disagreement among both the Houses.
In case if the bill has already lapsed because of the dissolution of the Lok Sabha, then no joint sitting can be summoned. However the Joint sitting can be held in the case if the Lok Sabha is dissolved after the President has notified his intention to summon such a sitting, the bill does not lapse in this type of a case.

Therefore statement 2 is absolutely correct.

Note- Under India's constitution, money bills need the approval of the Lok Sabha. Rajya Sabha is allowed to make recommendations to Lok Sabha, which is not required to accept. Even when the Rajya Sabha doesn't pass a money bill in 14 days, even then it is deemed to have been passed by both the Houses of Parliament after the expiry of the above period that is 14 days. Hence, a requirement to summon a joint session can never arise while referring to a case of a money bill.