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RAS question

A Financial Emergency under Article 360 must be approved by Parliament within:

Correct answer: (D) 2 months.

A proclamation of Financial Emergency under Article 360 must be approved by resolutions of both Houses of Parliament within two months.

  1. (A)

    6 months

  2. (B)

    1 month

  3. (C)

    3 months

  4. (D)

    2 months

Explanation

Article 360 allows the President to issue a proclamation when the financial stability or credit of India, or any part of India, is threatened. The approval clock is strict: the proclamation must be laid before each House of Parliament and will cease to operate after two months unless, before that period ends, both Houses approve it by resolution. This is why the exam answer is two months, not one, three, or six. Once such a proclamation is approved, it continues until the President revokes it; the same Article also provides that it may be revoked or varied by a later proclamation. India has never had a Financial Emergency proclamation.

Why the other options are wrong

  • (A) Six months is too long because Article 360 makes the proclamation lapse after two months unless both Houses approve it before that deadline.
  • (B) One month understates the constitutional window; the Article gives Parliament two months for approval.
  • (C) Three months extends the period beyond the text of Article 360, which fixes the approval limit at two months.

Concept

This tests the emergency provisions of the Constitution, especially the approval mechanics for a Financial Emergency under Article 360. RAS often repeats such questions because they combine a familiar constitutional topic with exact time limits.

Source

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