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Indian Polity • ConstitutionEasy

Provisions regarding the declaration of a Financial Emergency in India are contained under which Article of the Indian Constitution?

A. Article 352
B. Article 356
C. Article 360✓ Correct Answer
D. Article 365

💡 Solution & Explanation

Article 360 of the Constitution of India empowers the President to proclaim a Financial Emergency if the financial stability or credit of the nation is threatened, though this provision has never been invoked. Articles 352 and 356 deal with national emergency and President's Rule respectively.

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