Which article of the Indian Constitution deals with financial emergency?
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A.
Article 350
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B.
Article 352
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C.
Article 356
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D.
Article 360
Correct Answer:
D. Article 360
Explanation:
Article 360 of the Indian Constitution empowers the President to declare a financial emergency if the country's financial stability or credit is at risk. While Article 352 relates to national emergencies due to war or rebellion and Article 356 concerns the failure of constitutional machinery in a state (President's Rule), Article 360 specifically addresses economic crises. To date, a financial emergency has never been declared in India.
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