Q.847) Consider the following statements about Caretaker Government.

1. It is the government which comes during the interregnum as soon as the Council of Ministers goes out of the office.

2. There are no moral restrictions on the legislative powers of this Government.

Q.849) Consider the following statements about the Removal of a Civil Servant.

1. This can be only done by the Supreme Court or High Court.or Central Administrative Tribunal.

2. This can be only done by the orders issued by UPSC.

3. This can be only done after giving him adequate opportunity to be heard

Q.850) Consider the following statements with respect to the term "Covenant".

1. It is a promise made by the individuals, groups or countries to uphold a rule or principle.

2. It is legally binding on the signatories to the agreement or statement.

Q.851) Consider the following statements with reference to borrowing powers of Union and states.

1. States have the right to enter into the international money market in the matter of borrowing.

2. The Union shall have unlimited power of borrowing, upon the security of the revenues of India either within India or outside India.

Q.852) Consider the following statements.

1. The State Executive has the power to borrow, within the territory of India upon the security of the revenues of the state .

2. The Government of India may itself offer a loan to a State, under a law made by Parliament.

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Topic : Polity

Borrowing Powers of the Union and the states :-

* The Union shall have unlimited power of borrowing, upon the security of the revenues of India either within India or outside. The Union Executive shall exercise the power subject only to such limits as may be fixed by Parliament from time to time. (Article 292).

* The borrowing power of a state is , however , subject to a number of constitutional limitations :-

a) It cannot borrow outside India. Under the Govt of India Act, 1935, the states had the power to borrow outside India with the consent of the Centre. But this power is totally denied to the states by the Constitution ; the Union shall have the sole right to enter into International monetary market in the matter of borrowing.

b) The State Executive shall have the power to borrow, within the territory of India upon the security of the revenues of the state ; subject to the following conditions.

✅ Limitations as may be imposed by the state Legislature

✅ If the Union has guaranteed an outstanding loan of the state , no fresh loan can be raised by the state without consent of the Union Government.

✅ The Govt of India may itself offer a loan to a state, under a law made by Parliament. So long as such a loan or any part thereof remains outstanding, no fresh loan can be raised by the state without the consent of the Govt of India. The Govt of India may impose terms in giving it's consent as above. (Article 293)