For how much time Financial Emergency can be proclaimed

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For how much time Financial Emergency can be proclaimed?

A. 6 months

B. 24 months

C. 12 months

D. No maximum period

Answer: Option D

Solution(By Examveda Team)

Financial emergency under Article-360 can remain operational for indefinite period of time until revoked by President. However, President declaration on Financial Emergency need to be approved by Parliament within two months. So far it has not been decleared in India.

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