Question

When a financial emergency is proclaimed____________________?
A. A repayment of government debts will stop
B. Payment of salaries to public servants will be postponed
C. Salaries and allowances of any class of employees may be reduced
D. Union budget will not be presented.

Answer 1

Hint: As per Article 112 of the Indian Constitution, the Union Budget of a year, likewise alluded to as the yearly fiscal report, is an assertion of the assessed receipts and use of the public authority for that specific year. It is mandatory to give the union budget every year in all conditions.

Complete answer:
Article 360 of the Constitution of India accommodates the arrangement as to monetary crisis. It accommodates an arrangement that the President during the time of Proclamation of crisis issue bearings for the decrease of compensations and remittances of all or any class of people serving regarding the issues of the Union including the Judges of the Supreme Court and the High Court.

Hence, the correct option is option B.

Additional Information: On the off chance that the President of a nation feels like the economy of the nation going down the channel and neglecting to adapt up to the normal time length, is falling under obligation and there are different issues influencing it also, at that point it turns into a public crisis. There are different causes also which if not relieved with time, may bring about a public crisis.

Note: There is a basic decree that draws under the entire of the crisis which happens. On the off chance that the declaration works and the President conjures the framework, at that point the nation can fall under the monetary emergency.