Article dealing with disqualification of Members of Parliament:

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A100

B101

C103

D102

Answer:

Office of profit is a position that brings or has the potential to bring the person holding it financial gain. Under the Indian constitution (Articles 102 and 191), holding an office of profit by a legislator is not allowed.
Holding the office of profit can lead to the disqualification of said legislator (MP or MLA).
There are also several constitutional and legal exceptions to the definition of office of profit.

Related Questions:

Consider the following statements about the 97th Constitutional Amendment:

I. The Prime Minister at the time it came into force was Manmohan Singh.

II. It received Presidential assent on 12 January 2012 from Pratibha Patil.

III. Annual general body meetings must be convened within six months of the financial year's end.

Which of the statements given above is/are correct?