Previous year MCQs

Economy UPPSC 2006 GS-I
Question

How many times Financial Emergency has been declared in India so far?

Answer & Solution

Answer: (Detailed Solution Below)

Option D: Never

Detailed Solution:

The correct answer is “Never”.
A Financial Emergency has never been declared in India. Article 360 of the Indian Constitution provides for the imposition of a Financial Emergency, but so far, it has never been invoked.

Similar Questions:

Which of the following statements in relation to Bombay Stock Exchange, is correct?
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  3. C) It's share index is known by the name of SENSEX
  4. D) All of the-above
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  2. B) 16-20 per cent
  3. C) 21-25 per cent
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Consider:

Assertion (A): Nehru had no regard for the upanishads.
Reason (R): His attitude was scientific.

Now select your answer from the following code:
Code:
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  2. B) N.Narsimhan
  3. C) R.N. Malhotra
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Ram started his journey at 9.00 a.m. at 8 km/ hour. Hamid started from the same spot in the same direction at 9.30 a.m. at 10 km/hour. Hamid overtakes Ram at
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  2. B) Salary and allowances of the Vice President of India
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  2. B) Switzerland
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Invisible export means export of
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  3. C) Unrecorded goods
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