GK
INDIAN POLITICS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following can be done under conditions of financial emergency?
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State Legislative Assemblies can be abolished andRight to Constitutional Remedies can be suspended.
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Central Government can acquire control over the budget and expenditure of States.
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Salaries of the Judges of the High Courts and the Supreme Court can be reduced.
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Both (A) and (B)
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Explanation:
Detailed explanation-1: -No use of Article 360 (Financial Emergency) has ever been made. But in 1991, it was a close situation to proclaim a Financial emergency due to a balance of payment crisis.
Detailed explanation-2: -by the Constitution (Sixty-third Amendment) Act, 1989, s. 3 (w.e.f. 6-1-1990). 360. (1) If the President is satisfied that a situation has arisen whereby the financial stability or credit of India or of any part of the territory thereof is threatened, he may by a Proclamation make a declaration to that effect.
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