69th BPSC Prelims (2023), question 118
🏛️ Indian Polity
Consequences of invoking Article 360 (financial emergency): 1. President may order reduction of State employees' salaries. 2. State money bills need not be reserved for President. 3. President can order reduction of Union employees' (incl. SC/HC judges) salaries. 4. State money bills must be reserved for President. Which is/are correct?
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Answer: A — Only 1, 3 and 4
Under financial emergency, State money bills MUST be reserved for the President (not exempted), so statement 2 is wrong; 1, 3 and 4 correctly describe the consequences.
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