Q. Under which Article of the Indian Constitution can the President impose Financial Emergency?
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Correct Answer: (C)
Article 360
Explanation: Article 360 empowers the President to proclaim a Financial Emergency if the financial stability or credit of India is threatened. Article 352 deals with National Emergency, and Article 356 deals with President's Rule.
Explanation by: Mr. Dubey
Article 360 empowers the President to proclaim a Financial Emergency if the financial stability or credit of India is threatened. Article 352 deals with National Emergency, and Article 356 deals with President's Rule.