Which article of the Constitution of India authorises the proclamation of a Financial Emergency?
Question and options
Which article of the Constitution of India authorises the proclamation of a Financial Emergency?
Article 365
Article 352
Article 360
Article 356
Answer and explanation
Article 360 allows the President to proclaim a Financial Emergency when the financial stability or credit of India or any part of it is threatened. Article 365 deals with a State’s failure to comply with Union directions, Article 356 with failure of constitutional machinery, and Article 352 with a National Emergency.
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