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Which of the following statements is/are correct with regard to the consequences of the proclamation of a Financial Emergency?
1. Centre acquires full control over the states in financial matters.
2. President may reserve all money bills or other financial bills for consideration after they are passed by the legislature of
the state.
3. President may issue directions for the reduction of salaries and allowances of the judges of the Supreme Court and the
high court.
Select the correct answer using the code given below.
1. Centre acquires full control over the states in financial matters.
2. President may reserve all money bills or other financial bills for consideration after they are passed by the legislature of
the state.
3. President may issue directions for the reduction of salaries and allowances of the judges of the Supreme Court and the
high court.
Select the correct answer using the code given below.
- a)1 only
- b)1 and 2 only
- c)2 and 3 only
- d)1, 2 and 3
Correct answer is option 'D'. Can you explain this answer?
Verified Answer
Which of the following statements is/arecorrect with regard to the con...
- Article 360 empowers the president to proclaim a FinancialEmergency if he is satisfied that a situation has arisen due to which the financial stability or credit of India or any part of its territory is threatened.
- The consequences of the proclamation of a Financial Emergency are as follows:
- The executive authority of the Centre extends to the giving of directions to any state to observe such canons of financial propriety as may be specified in the directions, and such other directions to any state as the President may deem necessary and adequate for the purpose. o Any such direction may include a provision requiring the reduction of salaries and allowances of all or any class of persons serving in the state; and the reservation of all money bills or other financial bills for the consideration of the President after they are passed by the legislature of the state. Hence statement 2 is correct. o The President may issue directions for the reduction of salaries and allowances of all or any class of persons serving the Union; and the judges of the Supreme Court and the high court. Hence statement 3 is correct. o Thus, during the operation of a financial emergency, the Centre acquires full control over the states in financial matters. Hence statement 1 is correct.
Most Upvoted Answer
Which of the following statements is/arecorrect with regard to the con...
Centre's Control over States:
- The proclamation of a Financial Emergency grants the Centre full control over the states in financial matters.
- This means that the Centre can take charge of the financial functioning of the states to ensure stability and proper management.
Reservation of Money Bills:
- The President may reserve all money bills or other financial bills for consideration after they are passed by the legislature of the state.
- This gives the President the authority to review and approve financial decisions made by the state legislature to maintain financial discipline.
Issuance of Directions for Salary Reduction:
- The President may issue directions for the reduction of salaries and allowances of the judges of the Supreme Court and the high court.
- This power allows the President to implement cost-cutting measures during a Financial Emergency to address the financial crisis effectively.
Therefore, all three statements mentioned in the question are correct with regard to the consequences of the proclamation of a Financial Emergency.
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Which of the following statements is/arecorrect with regard to the consequences ofthe proclamation of a Financial Emergency?1. Centre acquires full control over thestates in financial matters.2. President may reserve all money bills orother financial bills for considerationafter they are passed by the legislature ofthe state.3. President may issue directions for thereduction of salaries and allowances ofthe judges of the Supreme Court and thehigh court.Select the correct answer using the codegiven below.a)1 onlyb)1 and 2 onlyc)2 and 3 onlyd)1, 2 and 3Correct answer is option 'D'. Can you explain this answer?
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Which of the following statements is/arecorrect with regard to the consequences ofthe proclamation of a Financial Emergency?1. Centre acquires full control over thestates in financial matters.2. President may reserve all money bills orother financial bills for considerationafter they are passed by the legislature ofthe state.3. President may issue directions for thereduction of salaries and allowances ofthe judges of the Supreme Court and thehigh court.Select the correct answer using the codegiven below.a)1 onlyb)1 and 2 onlyc)2 and 3 onlyd)1, 2 and 3Correct answer is option 'D'. Can you explain this answer? for UPSC 2025 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Which of the following statements is/arecorrect with regard to the consequences ofthe proclamation of a Financial Emergency?1. Centre acquires full control over thestates in financial matters.2. President may reserve all money bills orother financial bills for considerationafter they are passed by the legislature ofthe state.3. President may issue directions for thereduction of salaries and allowances ofthe judges of the Supreme Court and thehigh court.Select the correct answer using the codegiven below.a)1 onlyb)1 and 2 onlyc)2 and 3 onlyd)1, 2 and 3Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for UPSC 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which of the following statements is/arecorrect with regard to the consequences ofthe proclamation of a Financial Emergency?1. Centre acquires full control over thestates in financial matters.2. President may reserve all money bills orother financial bills for considerationafter they are passed by the legislature ofthe state.3. President may issue directions for thereduction of salaries and allowances ofthe judges of the Supreme Court and thehigh court.Select the correct answer using the codegiven below.a)1 onlyb)1 and 2 onlyc)2 and 3 onlyd)1, 2 and 3Correct answer is option 'D'. Can you explain this answer?.
Which of the following statements is/arecorrect with regard to the consequences ofthe proclamation of a Financial Emergency?1. Centre acquires full control over thestates in financial matters.2. President may reserve all money bills orother financial bills for considerationafter they are passed by the legislature ofthe state.3. President may issue directions for thereduction of salaries and allowances ofthe judges of the Supreme Court and thehigh court.Select the correct answer using the codegiven below.a)1 onlyb)1 and 2 onlyc)2 and 3 onlyd)1, 2 and 3Correct answer is option 'D'. Can you explain this answer? for UPSC 2025 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Which of the following statements is/arecorrect with regard to the consequences ofthe proclamation of a Financial Emergency?1. Centre acquires full control over thestates in financial matters.2. President may reserve all money bills orother financial bills for considerationafter they are passed by the legislature ofthe state.3. President may issue directions for thereduction of salaries and allowances ofthe judges of the Supreme Court and thehigh court.Select the correct answer using the codegiven below.a)1 onlyb)1 and 2 onlyc)2 and 3 onlyd)1, 2 and 3Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for UPSC 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which of the following statements is/arecorrect with regard to the consequences ofthe proclamation of a Financial Emergency?1. Centre acquires full control over thestates in financial matters.2. President may reserve all money bills orother financial bills for considerationafter they are passed by the legislature ofthe state.3. President may issue directions for thereduction of salaries and allowances ofthe judges of the Supreme Court and thehigh court.Select the correct answer using the codegiven below.a)1 onlyb)1 and 2 onlyc)2 and 3 onlyd)1, 2 and 3Correct answer is option 'D'. Can you explain this answer?.
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Which of the following statements is/arecorrect with regard to the consequences ofthe proclamation of a Financial Emergency?1. Centre acquires full control over thestates in financial matters.2. President may reserve all money bills orother financial bills for considerationafter they are passed by the legislature ofthe state.3. President may issue directions for thereduction of salaries and allowances ofthe judges of the Supreme Court and thehigh court.Select the correct answer using the codegiven below.a)1 onlyb)1 and 2 onlyc)2 and 3 onlyd)1, 2 and 3Correct answer is option 'D'. Can you explain this answer?, a detailed solution for Which of the following statements is/arecorrect with regard to the consequences ofthe proclamation of a Financial Emergency?1. Centre acquires full control over thestates in financial matters.2. President may reserve all money bills orother financial bills for considerationafter they are passed by the legislature ofthe state.3. President may issue directions for thereduction of salaries and allowances ofthe judges of the Supreme Court and thehigh court.Select the correct answer using the codegiven below.a)1 onlyb)1 and 2 onlyc)2 and 3 onlyd)1, 2 and 3Correct answer is option 'D'. Can you explain this answer? has been provided alongside types of Which of the following statements is/arecorrect with regard to the consequences ofthe proclamation of a Financial Emergency?1. Centre acquires full control over thestates in financial matters.2. President may reserve all money bills orother financial bills for considerationafter they are passed by the legislature ofthe state.3. President may issue directions for thereduction of salaries and allowances ofthe judges of the Supreme Court and thehigh court.Select the correct answer using the codegiven below.a)1 onlyb)1 and 2 onlyc)2 and 3 onlyd)1, 2 and 3Correct answer is option 'D'. Can you explain this answer? theory, EduRev gives you an
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