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Under Article 356 of the President on the basic of a report from the Governor of a State if satisfied that the administration of the State cannot be carried on in accordance with constitutional provision may declare break down of constitutional machinery of the State and assume all or any of the functions of the State Government. On the imposition of emergency under Article 356 on the ground of breakdown of constitutional machinery of the State; the following may take place: The President can assume the powers of the State Government or any other executive authority in the State. Can take all other necessary steps including the suspension of the constitutional provisions relating to anybody or authority in the State. The President can either suspend or dissolve the State Legislative Assembly. During the State emergency the Parliament passes the State Legislative Bills and the State budget.
Match the following types of demand with their correct descriptions:
1. Market Demand
2. Autonomous Demand
3. Individual Demand Sch...
According to Basel III norms, the minimum Capital to Risk-weighted Assets Ratio (CRAR) requirement for Indian scheduled commercial banks is:
Where are the fictitious assets shown in the financial statements?
What is the authorized capital of CCIL IFSC Limited?
In preparing performance appraisals, the sales manager ranked Aniket as the overall best salesperson because he had the highest level of sales, and Ami...
What does the Cash Budget Method primarily help in determining?
In banking terminology, what does the term "Banker’s lien" refer to?
Which of the following is an example of a peril covered by most homeowner's insurance policies?
Consider the following effects on the foreign exchange rate and identify if they are true or false:
I. An increase in U.S. demand for Ind...
In Capital Asset pricing model, beta measures the