ABy the parliament
BBy the state legislature
CBy the Supreme Court of India
DWhen the proclamation of emergency is in operation
ABy the parliament
BBy the state legislature
CBy the Supreme Court of India
DWhen the proclamation of emergency is in operation
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?
Examine the following statements about Financial Emergency under Article 360.
a. A Financial Emergency has been declared in India at least once since the Constitution came into force.
b. The President can issue directions to reserve all money bills passed by state legislatures for his consideration during a Financial Emergency.