Indian Polity & Governance·MCQ Practice

Financial Emergency — MCQ Practice

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Version 1Updated 6 Mar 2026

Interactive MCQ Practice

Test your knowledge. Click “Solve” to reveal options, select your answer, then check the result. 5 questions available.

Q1medium

Which of the following statements regarding Financial Emergency under Article 360 of the Indian Constitution is/are correct? 1. It can be declared if the financial stability or credit of India or any part thereof is threatened. 2. Once approved by Parliament, it can remain in force for an indefinite period until revoked. 3. During its operation, the salaries of Supreme Court and High Court judges cannot be reduced. 4. It has been invoked at least once in India's history. Select the correct answer using the code given below:

Q2medium

Consider the following statements regarding the parliamentary approval of a Financial Emergency proclamation: 1. A proclamation of Financial Emergency must be approved by both Houses of Parliament within one month from its date of issue. 2. If the Lok Sabha is dissolved at the time of proclamation, the Rajya Sabha's approval is sufficient for the proclamation to remain in force indefinitely. Which of the statements given above is/are correct?

Q3easy

Which of the following is NOT a direct consequence of the proclamation of a Financial Emergency in a State?

Q4medium

The 44th Amendment Act of 1978 significantly impacted emergency provisions by:

Q5easy

Which of the following statements correctly describes the 'never-invoked' status of Financial Emergency in India?

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