Indian Polity · Polity
Which of the following is a direct consequence when a Financial Emergency is declared under Article 360 of the Indian Constitution?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Repayment of all external and internal government debts will be permanently stopped.
- 2The Union Budget will not be presented in Parliament during that fiscal year.
- 3Payment of salaries to all public servants will be indefinitely postponed.
- 4Salaries and allowances of any class of persons serving the Union or a State may be reduced.✓
Correct answer
Salaries and allowances of any class of persons serving the Union or a State may be reduced.
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