The correct answer is: B. Article 360.
Article 360 of the Indian Constitution provides for the proclamation of financial emergency by the President of India. A financial emergency can be proclaimed if the President is satisfied that a grave financial crisis exists whereby the financial stability or credit of India is threatened.
When a financial emergency is proclaimed, the President can take certain special powers, such as:
- To suspend the operation of all or any of the provisions of the Constitution relating to financial matters;
- To give directions to any State with respect to the exercise of its executive power in matters of finance;
- To take such steps as he deems necessary to give effect to the directions given under clause (2).
A financial emergency can be revoked by the President by issuing a proclamation to that effect.
Option A is incorrect because Article 351 deals with the language of the Union.
Option C is incorrect because Article 377 deals with the imposition of restrictions on the rights of certain persons.
Option D is incorrect because Article 370 deals with the special provision with respect to Jammu and Kashmir.