Which of the following articles of the Constitution of India has a provision for financial emergency?
- A.Article 365
- B.Article 356
- C.Article 360
- D.Article 330
Correct answer
Explanation
The correct answer is Article 360. It allows the President to proclaim a Financial Emergency if satisfied that the financial stability or credit of India, or of any part of its territory, is threatened. The proclamation must be approved by both Houses within two months by a simple majority, and once approved it continues until revoked, with no maximum period and no need for repeated approval.
The other options are related Articles, which is why they confuse. Article 356 provides for President's Rule when the constitutional machinery in a State fails. Article 365 lets the President treat a State's failure to follow the Union's directions as such a failure. Article 330 reserves seats for Scheduled Castes and Scheduled Tribes in the Lok Sabha and has nothing to do with emergencies. During a Financial Emergency the Centre can direct the States to observe financial propriety and the President can order salary cuts, even for judges of the Supreme Court and the High Courts.
Read the full article: Emergency Provisions (Articles 352–360): Notes and PYQs
Practice Questions
View allHow many types of emergencies are provided in the Constitution?
- A.2
- B.3
- C.4
- D.5
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Part XVIII of the Constitution provides for three kinds of emergency. A National Emergency under Article 352 can be declared on the ground of war, external aggression or armed rebellion.
Read the full explanation →Which article of the Indian constitution provides for proclamation of Emergency?
- A.Article 364
- B.Article 352
- C.Article 350
- D.Article 362
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It allows the President, if satisfied that a grave emergency exists whereby the security of India or any part of it is threatened by war, external aggression or armed rebellion, to make a Proclamation of Emergency.
Read the full explanation →Which of the following amendment act of the Indian constitution replaced the term "internal disturbance" with "armed rebellion" in the context of a national emergency?
- A.41st Amendment act, 1976
- B.44th Amendment act, 1978
- C.42nd Amendment act, 1976
- D.43rd Amendment act, 1977
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The Emergency of June 1975 was declared on the ground of "internal disturbance", a phrase so vague that almost any political unrest could be brought under it.
Read the full explanation →A Proclamation of National Emergency must be approved by each House within how many months?
- A.1
- B.3
- C.6
- D.9
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A Proclamation of National Emergency must be laid before both Houses of Parliament and approved by each of them within one month of its issue; otherwise it ceases to operate.
Read the full explanation →'Effect of Proclamation of Emergency' is explicitly provided in which of the following provisions of the Constitution of India?
- A.Article 353
- B.Article 350
- C.Article 256
- D.Article 252
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While a National Emergency is in force, it extends the executive power of the Union to giving directions to any State on the manner in which its executive power is to be exercised, and it allows Parliament to make laws on any matter, even one in the State List.
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