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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:

ഏറ്റവും കൂടുതൽ തവണ രാഷ്ട്രപതി ഭരണം ഏർപ്പെടുത്തപ്പെട്ട സംസ്ഥാനം ?
തന്നിരിക്കുന്നവയിൽ ഇന്ത്യയില്‍ അടിയന്തിരാവസ്ഥ പ്രഖ്യാപിച്ച വര്‍ഷം ?

Consider the following statements:
1. A proclamation of national emergency may be applicable to the entire country or only a part of it.
2. The President can proclaim a national emergency only after receiving a written recommendation from the cabinet.
3. National emergency can be declared even if the security of India is not a threat, but there is imminent danger.

Which of the above statement is/are correct?

Which article of the Constitution of India contains provisions for declaring a state of economic emergency in the country?
While the proclamation of emergency is in operation the State Government :