What fraction of total members in the Legislative Council are elected by graduates or equivalent of any university?
The fraction of total members in the Legislative Council that are elected by graduates or equivalent of any university is one-twelfth (1/12). This information can be found in clause (3)(b) which states "one-twelfth shall be elected by electorates consisting of persons residing in the State who have been for at least three years graduates of any university in the territory of India or have been for at least three years in possession of qualifications prescribed by or under any law made by Parliament as equivalent to that of a graduate of any such university."