A

Admin • 739.65K Points
Coach

Q. In India, how many times has the President declared Financial Emergency?

  • (A) Once
  • (B) Never
  • (C) Thrice
  • (D) Twice
  • Correct Answer - Option(B)
  • Views: 2
  • Filed under category Politics
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Explanation by: Admin
No Financial Emergency has been declared so far, though there was a financial crisis in 1991. Article 360 empowers the president to proclaim a Financial Emergency if he is satisfied that a situation has arisen due to which the financial stability or credit of India or any part of its territory is threatened.

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