[Solved] During Financial Emergency all money bills passed by the state legislature are to be reserved for the consideration of the –

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Q.	During Financial Emergency all money bills passed by the state legislature are to be reserved for the consideration of the –
A.	Governor
B.	Prime Minister
C.	Parliament
D.	President
Answer» D. President
Explanation: In case of a financial emergency, the President can reduce the salaries of all government officials, including judges of the Supreme Court and High Courts. All money bills passed by the State legislatures are submitted to the President for his approval. He can direct the state to observe certain principles (economy measures) relating to financial matters.

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Indian Polity and Constitution (GK)

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