SSC Indian Polity and Civics Sample Paper NCERT Sample Paper-1

  • question_answer
    The President can declare financial emergency

    A)  If there is a threat to the financial stability or credit of India

    B)  To meet the extraordinary expenses of conducting a war

    C)  On the recommendation of the Comptroller and Auditor General

    D)  If the majority of the state legislatures so recommend

    Correct Answer: A

    Solution :

    [a] Article 360 provides that if the President is satisfied that the financial stability or credit of India or any of its part is in danger, he may declare a state of Financial Emergency. Under such situation, the executive and legislative powers will go to the centre.

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