Anational emergency
Bstate emergency
Cfinancial emergency
DAll the above
Anational emergency
Bstate emergency
Cfinancial emergency
DAll the above
Related Questions:
Consider the following statements with reference to the Financial Emergency under Article 360:
Unlike President's Rule, once a proclamation of Financial Emergency is approved by Parliament, it continues indefinitely without the need for repeated parliamentary approval.
During a Financial Emergency, the President can direct the reduction of salaries and allowances of all persons serving the Union, including the judges of the Supreme Court and High Courts.
India has declared a Financial Emergency on three separate occasions, primarily linked to global economic downturns.
Which of the statements given above is/are correct?
Consider the following statements related to Parliamentary approval of Financial Emergency:
It must be approved within two months by both houses of Parliament.
Once approved, it continues indefinitely without need for repeated approval.
It requires special majority approval for continuation.
Which are correct?