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Identify the Article of the Indian Constitution that deals with 'Financial Emergency':

AArticle 360

BArticle 356

CArticle 352

DArticle 354

Answer:

A. Article 360

Read Explanation:

Financial emergency under Article 360 If the President is satisfied that there is an economic situation in which the financial stability or credit of India is threatened, he or she can declare financial emergency.


Related Questions:

How many kinds of emergencies are there under the Constitution of India?
What articles should not be abrogated during the Emergency?

Which of the following statements about President's Rule is/are true?
i. The first instance of President's Rule in a South Indian state was in Andhra in 1954.
ii. Punjab was under President's Rule for the longest cumulative period.
iii. The state High Court’s powers are suspended during President's Rule.
iv. The 44th Amendment (1978) introduced restrictions on extending President's Rule beyond one year.

Part XVIII of the Indian Constitution provides for the declaration of

Read the following statements:
i. During President's Rule, the state Council of Ministers is dismissed.
ii. The state Governor administers the state on behalf of the President.
iii. The Parliament cannot delegate law-making powers to any authority during President's Rule.
iv. Laws made during President's Rule cease to exist once it is revoked.
Select the correct answer from the codes given below: