Question 1 of 10Polity Practice Series · Foundations of the Constitution
With reference to the provisions regarding financial emergency, consider the following statements:
1It can be imposed when the financial stability of any part of territory of India is threatened.
2Parliamentary approval is not required for the revocation of a financial emergency.
3Once it comes into force, the salaries and allowances of persons serving the Union is automatically reduced.
How many statements given above are correct?
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