Civil Services UPPSC RO ARO 2024-25 Mock Tests Series General Knowledge Polity Basics of Constitution
With reference to the Financial Emergency, consider the following statements.
1. The 38th Amendment Act of 1975 made the satisfaction of the president in declaring a Financial Emergency is final.
2. A proclamation declaring a financial emergency must be approved by both the Houses of Parliament within one month from the date of its issue.
Which of the statements given above is/are correct?
1
1 only
2
2 only
3
Both 1 and 2
4
Neither 1 nor 2