Q. During Financial Emergency all money bills passed by the state legislature are to be reserved for the consideration of the-
✅ Correct Answer: (D)
President
Explanation: During the proclamation of Financial Emergency, there is a provision that all money bills or financial bills passed by state legislature are to be reserved for consideration of President. And also salaries and allowances of all or any class of person serving under State or Union can be reduced or curtailed.
Explanation by: Shiva Ram
During the proclamation of Financial Emergency, there is a provision that all money bills or financial bills passed by state legislature are to be reserved for consideration of President. And also salaries and allowances of all or any class of person serving under State or Union can be reduced or curtailed.