Civics

Which is not a correct statement regarding financial emergency? 


ANSWER

President can suspend the normal allocation of revenues


SOLUTION

Financial emergency under Article 360 must be approved by the parliament within two months by a simple majority.  A state of financial emergency remains in force indefinitely until revoked by the President. The President is empowered to take following actions during this time:
• The president can reduce the salaries of all government officials, including judges of the supreme court and high courts, in cases of a financial emergency.
• All money bills passed by state legislatures are submitted to the president for approval.
• He can direct the state to observe certain principles (economy measures) relating to financial matters.
However, the President can suspend the normal allocation of revenues during the period of financial emergency.

View Answers

You're just one step away

Create your Digital Resume For FREE on your name's sub domain "yourname.wcard.io". Register Here!


Single Correct Medium Published on 15th 09, 2020
Next Question
Questions 120418
Subjects 10
Chapters 88
Enrolled Students 81
Enroll Now For FREE

Realted Questions

Q1 Single Correct Medium
Out of the following, to whom the central council of ministers is responsible?
  • A. President
  • B. Supreme court
  • C. Rajya Sabha
  • D. Lok Sabha

Asked in: Civics - Working of Institutions


1 Verified Answer | Published on 15th 09, 2020

View Answer
Q2 Single Correct Medium
The Union Territory whose legislators form part of the Electoral College for the electron of Vice-President is/are?
  • A. National Capital Territory of Delhi
  • B. National Capital Territory of Delhi and Puducherry
  • C. National Capital Territory of Delhi, Puducherry and Chandigarh
  • D. None of the above

Asked in: Civics - Working of Institutions


1 Verified Answer | Published on 15th 09, 2020

View Answer
Q3 Single Correct Medium
What is 'Parliament'?
  • A. Assembly of elected representatives at the national level
  • B. A body consisting of appointed ministers
  • C. Body comprising judges
  • D. Assembly of only appointed members

Asked in: Civics - Working of Institutions


1 Verified Answer | Published on 15th 09, 2020

View Answer
Q4 Single Correct Medium
Railway Budget is presented by _______________.
  • A. Prime Minister
  • B. Finance Minister
  • C. Chief Minister
  • D. Railway Minister

Asked in: Civics - Working of Institutions


1 Verified Answer | Published on 15th 09, 2020

View Answer
Q5 Single Correct Medium
Money bills cannot be introduced without the approval of ________ .
  • A. Parliament
  • B. Prime Minister
  • C. Attorney General
  • D. President

Asked in: Civics - Working of Institutions


1 Verified Answer | Published on 15th 09, 2020

View Answer