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Money Bill can be introduced in the State Legislative Assembly with the prior permission of the Governor of the State. The Governor plays a crucial role in the financial matters of a state, including the introduction of money bills. A money bill pertains to matters related to taxation, borrowing, or expenditure of the state government, and it is an important legislative instrument used to allocate financial resources.
Option 2, Chief Minister of the State, does not have the authority to grant permission for the introduction of a money bill in the State Legislative Assembly. The Chief Minister`s role is primarily focused on the day-to-day administration and governance of the state.
Option 3, Speaker of Legislative Assembly, also does not have the power to grant permission for introducing a money bill in the State Legislative Assembly. The Speaker`s role is to preside over the proceedings of the Assembly and maintain order during debates.
Option 4, Finance Minister of the State, is not the correct answer because the Finance Minister does not have the authority to grant permission for the introduction of a money bill.