Jan Lokpal Bill - Some doubts

Everybody is talking about corruption and saying it should be driven out from the country. Our opposition leaders Susham Sewaraj, Arun Jaitely, the dethroned Karnataka CM Yedyoorappa, Mayawati, CBN, Jagan and many more leaders jumped into the fray without delay to support the octogeneraian Anna Hazare's fight against corruption. Of course, Kiran Bedi, Prashanti Bhushan and co are joined with Hazare long ago to fight against the corruption. Hazare was successful to bend the federal government to table the Lokpal Bill in the Parliament but he could not accept as the bill proposed by cabinet exempted Prime Minister under the purview of Lok Pal Bill. Mr. hazare is insisting the Parliament to pass the Jan Lokpal Bill which is preapred by his team where Prime Minister brought under purview of the Jan Lokpal Bill.

Mr. Circus Baba alias Ramdev Baba amassed Rs.30,000 crore assets all over the world also supported Hazare. Mr. Circus Baba sat in the fast untodeath for a total of 8 days for bringing back the black money from abroad. All this is so nice to hear but I have some doubts: please any learned person educate me about:

1. Can the Bill end the corruption immediately after passing the Jan Lokpall Bill in Parliament as drafted by Anna Hazare?

2. Can we prosecute the Prime Minister as per Jan Lok Pal Bill and punish the PM?

3. If the Jan Lok Pal feels that it is above constitutional posts like PM and President what are the measures to control?

4. Is there any gurantee that the Jan Lok Pal Bill members do not indulge in corrupt practices?

5. Doesn't the Lokpal Bill confer the extra constitutional powers over parliament to the appointed Secretary cadre officer like Election Commission Commissioner. Is it not breach of Parliamentarians' right?

6. If the total Black money (being earned through corruption) is brought back from outside the country as demanded by Circus Baba, can you imagine the rate of inflation?

Dear friends, as a novice, I have these doubts and comments if you have any, please post them here.