Indian Polity · Polity
Which among the following is NOT a consequence of the proclamation of a Financial Emergency under Article 360?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Abolition of the post of Finance Minister in the States.✓
- 2Reduction of salaries of the Judges of the Supreme Court and the High Courts.
- 3Money bills or other financial bills passed by State Legislatures may be reserved for the consideration of the President.
- 4Reduction of salaries and allowances of persons serving the Union.
Correct answer
Abolition of the post of Finance Minister in the States.
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