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Which of the following matters requires the previous sanction of the President for introducing legislation on it?
I. A money bill
II. A bill affecting taxation in which states are interested
III. States bills imposing restriction upon the freedom of trade
(a) I, II, III
(b) II, III
(c) I, III
(d) I, II
There are a number of such cases :- (1) A bill for the formation of new states or alteration of boundaries of existing states.This is the exclusive power of President in which his prior recommendation is required to obtain the views of the affected states.[art. 3] (2) A money bill which is to be introduced in Lok Sabha. (3) Any matter relating to a law for acquisition by the state of any 'estate' or other intermediate interest in land means matters relating to article 31(A). (4) A bill which would involve expenditure from the consolidated fund of India even though it may not be a money bill. (5) A bill affecting taxation in which states are interested, or affecting the principles laid down for distributing money to states. Also where 'agricultural income' is involved for the purpose of taxation of income. (6)State Bills imposing restrictions upon the freedom of trade.
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