Consider the following statements

1) Financial emergency is imposed when credit of India or its financial stability is threatened.
2) It continues only for 6 months after the approval of parliament

Which one of the following is/are correct

1 only

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2 only

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Both 1 and 2

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Neither 1 nor 2

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Solution

The correct option is A 1 only
 Financial emergency continues till it is revoked by the President of India.

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उपर्युक्त कथनों में से कौन सा/से सही है/हैं?

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Q. Consider the following statements in respect of financial emergency under Article 360 of the Constitution of India:
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ii. It is headed by The Union Finance Minister of India

Which of the above statements is/are correct?

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Consider the following statements 1) Financial emergency is imposed when credit of India or its financial stability is threatened. 2) It continues only for 6 months after the approval of parliament Which one of the following is/are correct

The correct option is A 1 only Financial emergency continues till it is revoked by the President of India.

Consider the following statements

1) Financial emergency is imposed when credit of India or its financial stability is threatened.
2) It continues only for 6 months after the approval of parliament

Which one of the following is/are correct

The correct option is A 1 only
 Financial emergency continues till it is revoked by the President of India.