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Under Article 356 of the President on the basic of a report from the Governor of a State if satisfied that the administration of the State cannot be carried on in accordance with constitutional provision may declare break down of constitutional machinery of the State and assume all or any of the functions of the State Government. On the imposition of emergency under Article 356 on the ground of breakdown of constitutional machinery of the State; the following may take place: The President can assume the powers of the State Government or any other executive authority in the State. Can take all other necessary steps including the suspension of the constitutional provisions relating to anybody or authority in the State. The President can either suspend or dissolve the State Legislative Assembly. During the State emergency the Parliament passes the State Legislative Bills and the State budget.
Price risk is the risk of a decline in the value of a security or a portfolio. How can one transfer price risk?
Which of the following is not a major sector that the Gujarat International Finance Tec-City (GIFT City) is expected to serve?
How capital adequacy ratio is calculated:
Which organization was set up to manage the Investor Education and Protection Fund?
Which of the following forms a part of Risk Management?
What is the role of the Insurance Ombudsman in India?
Which of the following is a specific provision under Section 9 of the MSMED Act, 2006, aimed at promoting MSME growth?
What is the maximum permissible implementation cost for advanced level, under the scheme that aims to enhance MSMEs’ productivity, efficiency, and com...
The LTV allowed on loans against gold jewellery or gold loans is _____
Which loan does not require the borrower to pay back during their lifetime?