Indian Polity · Indian Constitution
According to Article 360 of the Indian Constitution, under which circumstance can a Financial Emergency be declared?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1When there is widespread internal armed rebellion across the nation
- 2When there is a breakdown of constitutional machinery in a State
- 3When the security of India is threatened by war or external aggression
- 4When the financial stability or credit of India or any part of its territory is threatened✓
Correct answer
When the financial stability or credit of India or any part of its territory is threatened
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