History & Civics

Under what circumstances may the Financial Emergency be proclaimed?

President & Vice-President

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Answer

Article 360 provides for a situation where the financial stability or credit of India is threatened. In that event the President may declare a Financial Emergency.

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History & Civics

Under what circumstances may the Financial Emergency be proclaimed?

President & Vice-President

Answer

Related Questions

Under what circumstances can the President proclaim National or General Emergency?

Under what circumstances can there be imposition of President's Rule in a State?

What qualifications should a person possess in order to be elected as Vice-President?

What is the normal Term of Office of the Vice-President?