Discussion
At the first instance, the President can issue a proclamation of financial emergency for a period of
Answer: B
When the President issues a proclamation of financial emergency under Article 360, it must be approved by both Houses of Parliament within two months, or it ceases to operate. So at the first instance the period is two months. The other durations given, fifteen days, one month and six months, do not appear in Article 360. The same time limit applies to a proclamation of national emergency under Article 352, which also has to be approved within a month in the current text, so the periods should be learnt separately.
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