The correct answer is None of the above.

• The Amendment Bill can be introduced either by a minister or by a private member and does not require prior permission of the President. Hence the statement is correct.
• There is no time limit within which the States should give their consent to the Amendment Bill. Hence the statement is correct.
• Hence None of the above statements is incorrect.

• The procedure for the amendment of the Constitution has been laid down under Article 368:
  • An amendment of the Constitution can be initiated only by the introduction of a bill for the purpose in either House of Parliament and not in the state legislatures.
  • The bill can be introduced either by a minister or by a private member and does not require prior permission of the president.
  • The bill must be passed in each House by a special majority, that is, a majority of the total membership of the House and a majority of two-thirds of the members of the House present and voting.
  • Each House must pass the bill separately. In case of a disagreement between the two Houses, there is no provision for holding a joint sitting of the two Houses for the purpose of deliberation and passage of the bill.
  • If the bill seeks to amend the federal provisions of the Constitution, it must also be ratified by the legislatures of half of the states by a simple majority.
  • After duly passed by both the Houses of Parliament and ratified by the state legislatures, where necessary, the bill is presented to the President for assent.
  • The President must give his assent to the bill. He can neither withhold his assent to the bill nor return the bill to the Parliament for reconsideration.
  • After the President’s assent, the bill becomes an Act (i.e., a Constitutional Amendment Act) and the Constitution stands amended in accordance with the terms of the Act.