Correct option is C
The correct answer is (c) Lok Sabha.
· When a state is under President's Rule, the state's budget is presented in the Lok Sabha, which is the lower house of India's Parliament.
· Under Article 356 of the Indian Constitution, if the President's Rule is imposed in a state, the state's legislative assembly is either suspended or dissolved.
· In such cases, the authority to pass the state's budget lies with the Parliament of India, and since financial matters are primarily the responsibility of the Lok Sabha, the state's budget is presented and passed there.
Additional Knowledge:
- Article 52: President is the head of the Union.
- Article 356: During President’s Rule, the President exercises executive authority but does not directly approve the budget.
- Article 110: Money Bills, including budgets, cannot be introduced in the Rajya Sabha.
- Rajya Sabha can only make recommendations, not approve or reject the budget.
- Article 356: Lok Sabha legislates on state matters during President’s Rule.
- Article 266: Budget is approved by Lok Sabha to withdraw funds from the Consolidated Fund of India.
- President's Rule (Article 356): Imposed when a state fails to function constitutionally.
- Duration: Initial 6 months, extendable to 3 years with Parliamentary approval.