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Consider the following statements.
1. A resolution approving the proclamation of financial emergency can be passed by either House of Parliament only by a special majority
2. A proclamation of Financial Emergency may be revoked with the Parliamentary approval
Which of these statements is/are correct?
  • a)
    1 Only
  • b)
    2 Only
  • c)
    Both 1 and 2
  • d)
    None of them
Correct answer is option 'D'. Can you explain this answer?
Verified Answer
Consider the following statements.1. A resolution approving the procl...
A resolution approving the proclamation of financial emergency can be passed by either House of Parliament only by a simple majority, that is, a majority of the members of that house present and voting. A proclamation of Financial Emergency may be revoked by the president at any time by a subsequent proclamation. Such a proclamation does not require parliamentary approval.
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Most Upvoted Answer
Consider the following statements.1. A resolution approving the procl...
Explanation:

Both the statements given in the question are incorrect. The correct statements are given below:

1. A resolution approving the proclamation of financial emergency can be passed by either House of Parliament only by a simple majority.
This means that a simple majority of the members present and voting in each House is required to pass the resolution approving the proclamation of financial emergency. It is not a special majority.

2. A proclamation of Financial Emergency cannot be revoked with the Parliamentary approval.
The Constitution does not provide for revocation of a proclamation of financial emergency by Parliament. A proclamation of financial emergency can be revoked only by the President. The President can revoke the proclamation at any time by issuing another proclamation. The second proclamation is not subject to parliamentary approval.

Therefore, the correct answer is option 'D' - None of them.
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Consider the following statements.1. A resolution approving the proclamation of financial emergency can be passed by either House of Parliament only by a special majority2. A proclamation of Financial Emergency may be revoked with the Parliamentary approvalWhich of these statements is/are correct?a) 1 Onlyb) 2 Onlyc) Both 1 and 2d) None of themCorrect answer is option 'D'. Can you explain this answer?
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