Question

Which of the following is correct with reference to Financial Emergency under Article 360? 

A The proclamation of Financial Emergency by the President cannot be questioned in any court.
B Proclamation declaring financial emergency can be approved only by Lok Sabha.
C Proclamation of financial emergency can be passed by a simple majority.
D The Parliament can make laws on the state subjects during Financial Emergency.
Practice Next

Hey! Ask a query

🎓
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
  • 200 Questions with Detailed Solutions
  • Section-wise Coverage (GA, English, Quant & Reasoning)