Which of the following is correct with reference to Financial Emergency under Article 360?
1. The proclamation of Financial Emergency by the President cannot be questioned in any court.
2. Proclamation of financial emergency can be passed by a simple majority.
3. Proclamation declaring a financial emergency can be approved only by Lok Sabha.
Select the correct answer using the codes given below:
1
1 and 3 only
2
2 only
3
1 and 2 only
4
1, 2 and 3