Under Article 235 of the Constitution of Pakistan, a financial emergency may be proclaimed when which situation exists?
Correct answer: B. The financial stability or credit of Pakistan is threatened
- A. A province fails to pass its annual budget
- B. The financial stability or credit of Pakistan is threatened
- C. The State Bank changes its monetary policy
- D. Parliament cannot approve a taxation bill
Explanation
Article 235 applies when the financial stability or credit of Pakistan, or any part of it, is threatened. A disagreement over a budget or a change in monetary policy does not by itself create a constitutional financial emergency.
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The Constitution defines the powers and relationships of the legislature, executive and judiciary, while establishing federalism, provincial autonomy and the legal framework of the state. Coverage includes fundamental rights, principles of policy, constitutional offices, judicial review, emergency provisions, elections and the procedure for constitutional amendments, with attention to Pakistan’s constitutional structure.
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