Which one of the following is true of financial emergency? Choose the correct code: 1. Such an emergency has to be approved within two months. 2. There is no maximum period prescribed for such an emergency. 3. Repeated Parliamentary approval is not required for its continuation. 4. India has witnessed such an emergency only once.

• A.  1, 2, 3             
• B.  1, 3, 4
• C.  1, 2, 4             
• D.  2, 3, 4