In which of the following cases parliament can make laws in any matter enumerated in the state list.

1. During National Emergency.2. During President’s Rule.3. During financial emergency

Select the correct answer using the codes given below.
a) 1 onlyb) 2 and 3 onlyc) 1 and 2 onlyd) 1,2 and 3

Ans-[C] 

Explanation–During National emergency and President rule, President can ask the Parliament to make laws on state subjects. In case of National emergency whole polity system turns from federal to unitary.

Financial emergency is imposed under article 360. If the President is satisfied that there is an economic situation in which the financial stability or credit of India is threatened, he or she can declare financial emergency. Such an emergency must be approved by the Parliament within two months. It has never been declared. Such a situation had arisen but was avoided by putting the gold assets of India as collateral for foreign credit.

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 relating to financial matters; but fundamental rights cannot be suspended.