← All questionsGS2 · 2018 · Polity ·Financial Emergency
QUESTION 3
GS2
10 marks

Under what circumstances can the Financial Emergency be proclaimed by the President of India? What consequences follow when such a declaration remains in force?

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7 min
150 words
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What the examiner wants

Explain: answer the exact PYQ as framed — “Under what circumstances can the Financial Emergency be proclaimed by the President of India? What consequences follow when such a declaration remains in force?” Treat each scoring limb separately instead of writing a general note on Financial Emergency.

ExplainMake clear how and why it happens: causes, process, and an example for each point.

Demand-wise check

  1. 1Under what circumstances can the Financial Emergency be proclaimed by the President of India?≈55 words
  2. 2What consequences follow when such a declaration remains in force?≈55 words

Open in about 20 words and close in about 20.

Answer plan

Constitutional/institutional contextAnswer each explicit limb in sequenceUse relevant provisions/judgments/policy evidenceLimitations/counterviewReforms or reasoned conclusion

Where marks usually go

  • Writing generally about Financial Emergency without directly resolving: “Under what circumstances can the Financial Emergency be proclaimed by the President of India?”
  • Under-developing the second scoring limb: “What consequences follow when such a declaration remains in force?”

Value addition

  • 3–4 node flowchart or dimension wheel keyed to the question’s main components
    → Draw it in the body, next to the point it supports.

Official source anchors

These are authoritative sources selected for this exact PYQ. Where a card is an official-domain anchor rather than a fact-level citation, verify the precise provision, definition or data point on the linked source before using it.