Indian Polity · Polity
Which of the following statements regarding Financial Emergency (Article 360) in India is true?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Financial Emergency has never been declared in India✓
- 2Financial Emergency was declared in India during the 1991 economic crisis
- 3Financial Emergency was declared in India only twice
- 4Financial Emergency was declared in India only once
Correct answer
Financial Emergency has never been declared in India
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