Article 360 of the Constitution of India empowers the President to declare a financial emergency if he is satisfied that a situation has arisen whereby the financial stability or credit of India or of any part of the territory thereof is threatened.
Who can declare financial emergency in India?
Asked in WBCS Main Paper 4 2019 · Topic: Emergency Provisions (Types of Emergencies: Financial Emergency (Article 360))
More Indian Polity and Governance questions
- Which of the following statement about the Emergency Powers of the President is not true?
- In which year financial emergency was proclaimed under Article 360 in India ?
- Which one of the following is not mentioned as a form of Emergency in the Constitution of India ?
- Which of the following is not a form of emergency recognised in our constitution ?
- Article 352 of the Constitution of India contains provisions related to
- Given below are two statements, one is labelled as Assertion (A) and the other as Reason (R). Assertion (A): Article 352 of the Indian Constitution deals with the declaration of an emergency. Reason (R): An emergency may take place at any time. Select the correct answer from the codes given below:
- How many types of emergencies have been envisaged under the Indian Constitution ?
- How many types of emergencies have been invisaged under the Indian Constitution?