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In case of declaration of financial emergency in India,
  • a)
    all the State Governments will be dissolved and management of economy will be taken over by the Union Government
  • b)
    all Money Bills of the states will be considered and passed only by Parliament
  • c)
    all the State Assemblies will be put under suspended animation and laws on the State List will be enacted by the Parliament
  • d)
    The President may give such directions to the States as may be deemed necessary for economic recovery and salaries of officials may be temporarily reduced
Correct answer is option 'D'. Can you explain this answer?
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In case of declaration of financial emergency in India,a)all the State...
A proclamation of Financial Emergency may be revoked by the President anytime without any Parliamentary approval. During the financial emergency, the executive authority of the Center expands and it can give financial orders to any state according to its own.
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In case of declaration of financial emergency in India,a)all the State...
Explanation:

Financial Emergency in India:
In case of a declaration of a financial emergency in India, certain provisions come into play to address the economic situation in the country.

President's Powers:
- The President may give directions to the states on various matters related to finance, including salaries of officials.
- These directions are aimed at ensuring economic recovery and stability during the financial emergency.

Temporary Reduction in Salaries:
- As part of the measures to tackle the economic crisis, the salaries of officials, including those in the states, may be temporarily reduced.
- This is done to manage the financial resources effectively and address the economic challenges faced by the country.

Role of the States:
- While the President can give directions to the states during a financial emergency, the states continue to exist, and their governments are not dissolved.
- The focus is on coordinating efforts between the Union Government and the states to address the economic situation collectively.

Parliament's Authority:
- The Parliament plays a crucial role during a financial emergency by enacting laws and measures to address the economic crisis.
- While the Parliament can pass laws on the State List, the states are not dissolved, and their assemblies are not put under suspended animation.

Conclusion:
During a financial emergency in India, the President's power to give directions to the states, including temporary reduction of salaries, plays a significant role in managing the economic challenges. The focus is on coordination and collective efforts to ensure economic recovery and stability in the country.
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In case of declaration of financial emergency in India,a)all the State Governments will be dissolved and management of economy will be taken over by the Union Governmentb)all Money Bills of the states will be considered and passed only by Parliamentc)all the State Assemblies will be put under suspended animation and laws on the State List will be enacted by the Parliamentd)The President may give such directions to the States as may be deemed necessary for economic recovery and salaries of officials may be temporarily reducedCorrect answer is option 'D'. Can you explain this answer?
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In case of declaration of financial emergency in India,a)all the State Governments will be dissolved and management of economy will be taken over by the Union Governmentb)all Money Bills of the states will be considered and passed only by Parliamentc)all the State Assemblies will be put under suspended animation and laws on the State List will be enacted by the Parliamentd)The President may give such directions to the States as may be deemed necessary for economic recovery and salaries of officials may be temporarily reducedCorrect 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 In case of declaration of financial emergency in India,a)all the State Governments will be dissolved and management of economy will be taken over by the Union Governmentb)all Money Bills of the states will be considered and passed only by Parliamentc)all the State Assemblies will be put under suspended animation and laws on the State List will be enacted by the Parliamentd)The President may give such directions to the States as may be deemed necessary for economic recovery and salaries of officials may be temporarily reducedCorrect 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 In case of declaration of financial emergency in India,a)all the State Governments will be dissolved and management of economy will be taken over by the Union Governmentb)all Money Bills of the states will be considered and passed only by Parliamentc)all the State Assemblies will be put under suspended animation and laws on the State List will be enacted by the Parliamentd)The President may give such directions to the States as may be deemed necessary for economic recovery and salaries of officials may be temporarily reducedCorrect answer is option 'D'. Can you explain this answer?.
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