Exp) Option b is the correct answer

Statement 1 is correct. When a money bill is reserved by governor for consideration of president, the president can either give his assent to the bill or withhold his assent but cannot return the bill for reconsideration of state legislature. There is no mention in constitution for how long can president withhold the bill. Hence, President can withhold his assent for indefinite period as he/she wants.

Statement 2 is incorrect. When a bill is reserved by the governor for the consideration of the President, the President may either give his assent to the bill or withhold his assent to the bill or return the bill for reconsideration of the House or Houses of the state legislature. When a bill is so returned, the House or Houses have to reconsider it within a period of six months.

Statement 3 is correct. If the bill is presented again to the presidential assent after it is passed by the House or Houses with or without amendments. It is not obligatory for the president to give his assent to such bill. This means state legislature cannot over-ride the veto power of the president. The constitution doesn’t provide any time limit in which president has to give his/her assent. This is what we call as Pocket veto with respect to state legislation.