How many times has the economic emergency been declared in India?

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Related Questions:

Consider the following statements about the National Emergency under Article 352.

(i) The proclamation of a National Emergency must be approved by both Houses of Parliament by a special majority.

(ii) The life of the Lok Sabha can be extended beyond its normal term by one year at a time during a National Emergency.

(iii) The 42nd Amendment Act of 1976 allowed the President to limit a National Emergency to a specific part of India.

Choose the correct statement(s) regarding the effects of a National Emergency on Centre-State relations.

(i) The Parliament becomes empowered to make laws on subjects in the State List during a National Emergency.

(ii) The executive power of the Centre extends to directing states on any matter during a National Emergency.

(iii) The state legislatures are suspended during a National Emergency.

Consider the following statements with reference to the Financial Emergency under Article 360:

Unlike President's Rule, once a proclamation of Financial Emergency is approved by Parliament, it continues indefinitely without the need for repeated parliamentary approval.
During a Financial Emergency, the President can direct the reduction of salaries and allowances of all persons serving the Union, including the judges of the Supreme Court and High Courts.
India has declared a Financial Emergency on three separate occasions, primarily linked to global economic downturns.

Which of the statements given above is/are correct?