Q. During a Financial Emergency, all Money Bills passed by State Legislatures require the consent of the

  • (A) Prime Minister
  • (B) President
  • (C) Lok Sabha
  • (D) Union Finance Minister
βœ… Correct Answer: (B) President
Explanation: No Financial Emergency has been imposed on the country so far. Article 360 deals with Financial Emergency. (This article, however,shall not apply to the state of Jammu and Kashmir)
Explanation by: Madan
No Financial Emergency has been imposed on the country so far. Article 360 deals with Financial Emergency. (This article, however,shall not apply to the state of Jammu and Kashmir)

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