Identify the Article of the Indian Constitution that deals with 'Financial Emergency':
AArticle 360
BArticle 356
CArticle 352
DArticle 354
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Related Questions:
Which constitutional amendment restored the power of judicial review of fundamental rights curtailed during the Emergency?
Consider the following statements:
The proclamation for both President's Rule (Article 356) and Financial Emergency (Article 360) requires parliamentary approval within two months.
The resolution for approving both types of emergencies must be passed by a simple majority in Parliament.
The President's Rule is also known as 'Constitutional Emergency', while a Financial Emergency is known as 'State Emergency'.
Which of the statements given above is/are correct?
Read the following statements:
i. A proclamation of President's Rule requires approval by both Houses of Parliament within two months.
ii. If Lok Sabha is dissolved, the proclamation survives until 30 days after its reconstitution, provided Rajya Sabha approves.
iii. President's Rule can be extended indefinitely with parliamentary approval every six months.
iv. The 44th Amendment restricts extensions beyond one year unless specific conditions are met.
Select the correct answer from the codes given below:
Regarding the imposition of President's Rule, consider the following:
Assertion (A): The President can impose President's Rule in a state even without a report from the Governor.
Reason (R): The 44th Amendment Act of 1978 affirmed that the satisfaction of the President in invoking Article 356 is not subject to judicial review.
Which of the above are true?
Consider the following statements about the Financial Emergency under Article 360.
(i) A Financial Emergency can include directions to reduce salaries of state government employees.
(ii) A resolution approving a Financial Emergency requires a special majority in Parliament.
(iii) No Financial Emergency has ever been declared in India.