Option 1: The President - This option is incorrect. An ordinance issued by the Governor is not subject to approval by the President. The President`s approval is required for the promulgation of a President`s ordinance, not a Governor`s ordinance.

Option 2: The State Legislature - This option is correct. An ordinance issued by the Governor is indeed subject to approval by the State Legislature. The ordinance must be approved by the Legislature within a specified time period, usually six weeks from the date it is convened.

Option 3: The State Council of Ministers - This option is incorrect. The State Council of Ministers does not have the authority to approve or disapprove an ordinance issued by the Governor. Their role is to advise and assist the Governor in the exercise of his or her functions.

Option 4: The Parliament - This option is incorrect. The Parliament does not have the authority to approve or disapprove an ordinance issued by the Governor. The Parliament`s role is to legislate at the national level, not at the state level.

Overall, the correct answer is option 2.