MAINS 2018 · GS II · INDIAN POLITY

Under what circumstances can the Financial Emergency be proclaimed by the President of In…

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GS Paper II 10 marks 150 words Indian Polity
Question

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Under what circumstances can the Financial Emergency be proclaimed by the President of India? What consequences follow when such a declaration remains in force?

Syllabus link: GS II – Constitutional Posts: Appointment to various Constitutional posts, powers, functions and responsibilities of various Constitutional Bodies.

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