Current Affairs

GK MCQs Section
Q. In India, how many times has the President declared Financial Emergency ?
Answer: Never
Notes: No Financial Emergency has been declared so far, though there was a financial crisis in 1991. Article 360 empowers the president to proclaim a Financial Emergency if he is satisfied that a situation has arisen due to which the financial stability or credit of India or any part of its territory is threatened.

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📌 Question Number: 73 in Emergency Provisions in the above course in App.