Indian Polity · Financial Emergency (Article 360)
Under what condition can the President declare a Financial Emergency under Article 360?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1When the Prime Minister resigns
- 2When war is declared with a foreign country
- 3When the financial stability or credit of India is threatened✓
- 4When the ruling party loses majority in the Lok Sabha
Correct answer
When the financial stability or credit of India is threatened
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