During Financial Emergency all money bills passed by the state legislature are to be reserved for the consideration of the-

During Financial Emergency all money bills passed by the state legislature are to be reserved for the consideration of the- Correct Answer President

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.

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Of the following who are not given reserved seats in the Indian legislature?
Answer the question on the basis of the given information. Businesses are suffering because of lack of money available for development loans.To help businesses,the government plans to modify the income- tax structure in order to induce individual tax payers to put a larger portion of their incomes into retirement savings accounts, because as more money is deposited in such accounts, more money becomes available to borrowers. Which of the following, if true, raises the most serious doubt regarding the effectiveness of the government's plan to increase the amount of money available for development loans for businesses?