With reference to the Speaker of Lok Sabha, which among the following statements is / are correct?
1. He is considered to be the guardian of powers and privileges of the Lok Sabha members
2. He presides the joint setting of the two Houses of Parliament
3. He decides whether a bill is a money bill or not
4. He decides disqualification of member(s) on the ground of defection
Choose the correct option from the codes given below:

Answer: [D] 1, 2, 3 & 4

Important functions of Speaker:

Maintaining order and decorum in the House.

Speaker is the final interpreter of the provisions of Constitution, Rules of Procedure and Conduct of Business of Lok Sabha, and parliamentary precedents, within the House.

Adjourning or suspending house in absence of quorum i.e. 1/10th of the strength of house.

Exercising casting vote in case of tie.

Presiding the joint setting (which is summoned by President) of the two Houses of Parliament in case of deadlock between the two houses in case of an ordinary bill.

Taking final decision if a bill is money bill or not and certifying if such bill is a money bill.

Taking decision on the subject of disqualification of a member of the Lok Sabha, arising on the ground of defection under the provisions of the Tenth Schedule.  This is subject to judicial review though.

To work as ex-officio chairman of the Indian Parliamentary Group of the InterParliamentary Union.

Making appointments of chairman of all the parliamentary committees of the Lok Sabha and supervises their functioning.

Working as chairman of Business Advisory Committee, the Rules Committee and the General Purpose Committee.

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