Indian Polity · Emergency Provisions
Under which specific condition can a Financial Emergency be declared by the President under Article 360?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1When the financial stability or credit of India or any part of its territory is threatened✓
- 2When the country is at war with a foreign nation
- 3When there is widespread armed rebellion within the country
- 4When a State Government fails to comply with Union directives
Correct answer
When the financial stability or credit of India or any part of its territory is threatened
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