GK Question

polity medium true_false

A Proclamation of Financial Emergency under Article 360 must be approved by both Houses of Parliament within 2 months by special majority.

  1. True
  2. False

Answer: False

Article 360(2)(a): Financial Emergency proclamation must be approved by both Houses within 2 months, but by simple majority (not special majority like National Emergency). If approved, remains in force indefinitely unless revoked. Simpler approval reflects that Financial Emergency is economic measure, not political crisis requiring supermajority consensus.

Topic Emergency Provisions - Financial Emergency Parliamentary Approval
Exam Relevance Parliamentary procedure distinction question for UPSC Prelims and SSC CGL