Which Article of the Constitution empowers the President to declare a Financial Emergency?

💡 Solution & Explanation

Article 360 of the Indian Constitution empowers the President to proclaim a Financial Emergency if the financial stability or credit of India is threatened. In contrast, Article 352 deals with National Emergency and Article 356 deals with President's Rule in states due to the failure of constitutional machinery. Emergency provisions are critical high-yielding areas in Indian polity and governance syllabi.