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General Knowledge · Q948

Practice

Competitive Exams · General Knowledge · question 948

Q948

For how much time Financial Emergency can be proclaimed?

A.
6 months
B.
24 months
C.
12 months
D.
No maximum period
Answer

Answer: Option D

Solution

Answer: Option D
Solution:
Financial emergency under Article-360 can remain operational for indefinite period of time until revoked by President. However, President declaration on Financial Emergency need to be approved by Parliament within two months. So far it has not been decleared in India.