Multiple Choice Questions on Who among the following can direct the states to reserve money bills and other financial bills passe........... for SSC CHSL Preparation

Indian Polity

General Studies (CHSL)

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Indian Economy - Understanding the basics of Indian economic system

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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?

    Finance Minister of India

    Incorrect Answer

    The Prime Minister of India

    Incorrect Answer

    The President of India

    Correct Answer

    The Governor of Reserve Bank of India

    Incorrect Answer
    Explanation:

    The President of India 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.Though there is a division of powers between the Union and the States, the Indian Constitution provides the Union with power to exercise control over the legislation as well as the administration of the States. Legislation by a State can be disallowed by the President, when reserved by the Governor for his consideration.


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