Under which Article of the constitution, the President of India can declare the financial emergency-

A Article 360
B Article 356
C Article 364
D Article 352

Correct Answer: Article 360

President of India can impose Financial Emergency by applying Article-360 if he or she is satisfied that there is an economic situation in which financial stability or credit of India or any part of it, is threatened. A proclamation under this article must be approved by Parliament with in two months with simple majority. Once approved, it will remain in force till the President revokes it.
Bissoy MCQ
#General Knowledge #Indian Politics

Related Questions

Which article can be used by The President of India to declare financial emergency?
A Article 32
B Article 349
C Article 360
D Article 365
Under which article, President of India can proclaim financial emergency?
A Article 32
B Article 349
C Article 360
D Article 355
Which year did President declare National emergency on internal dispute-
A 1962
B 1965
C 1971
D 1975
According to the Indian Constitution, who has the power to declare emergency ?
A Prime Minister
B President
C Chief Justice
D Parliament
Under which article, President of India can proclaim constitutional emergency?
A Article 32
B Article 349
C Article 356
D Article 360
In India, how many times has the President declared financial emergency-
A Never
B Two times
C Three times
D Once
Under which Article of the constitution can an Emergency be declared in India on account of war or external aggression?
A Article-356
B Article-353
C Article-352
D Article-354
A man sells two articles. The cost price of the first article is equal to the selling price of the second article. The first article is sold at a profit of 20% and the second articles is sold at a loss of 20%. What is the ratio of the selling price of the first article and the cost price of the second article?
A 24 : 25
B 25 : 24
C 29 : 27
D 27 : 29
Under which Article of Indian Constitution an emergency can be declared on the grounds of failure of constitutional machinery in the states?
A Article 350
B Article 352
C Article 356
D Article 368
Under which article of constitution, proclamation of National Emergency is declared-
A Article 352
B Article 356
C Article 360
D Article 361

Next steps