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Who among the following can direct the states to reserve money bills and other financial bills passed by the state legislature for consideration during a financial emergency in India?

  1. A
    Finance Minister of India
  2. B
    The Prime Minister of India
  3. C
    The President of India
  4. D
    The Governor of Reserve Bank of India

Solution & Step-by-step Explanation

Under Article 360 of the Indian Constitution, during a Financial Emergency, the President of India can issue directions to the state governments to reserve all money bills or other financial bills for their consideration after they are passed by the legislature of the State.

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Who among the following can direct the states to reserve money bills and other financial bills passed by the state legislature for consideration during a financial emergency in India?
A
Finance Minister of India
B
The Prime Minister of India
C
The President of India
D
The Governor of Reserve Bank of India

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Emergency ProvisionsPresident of IndiaMoney Bill

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