Under which article, President of India can proclaim constitutional emergency? A. Article 32 B. Article 349 C. Article 356 D. Article 360

The correct answer is: Article 360.

Article 360 of the Constitution of India deals with the Proclamation of Financial Emergency. It states that if the President is satisfied that a grave financial emergency exists whereby the financial stability or credit of India is threatened, he may by Proclamation declare that a financial emergency exists.

The Proclamation of Financial Emergency has far-reaching consequences. It empowers the President to:

• Take such measures as he deems necessary
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  or expedient for the purpose of dealing with the financial emergency.
• Suspend the operation of any provision of any law relating to the financial matters of the Union or of any State.
• Give directions to any State to observe such canons of financial propriety as he may deem necessary.

The Proclamation of Financial Emergency can be revoked by the President at any time. However, it cannot be revoked unless the President is satisfied that the financial emergency no longer exists.

The other options are incorrect because they do not deal with the Proclamation of Financial Emergency.

• Article 32 deals with the Right to Constitutional Remedies.
• Article 349 deals with the President’s power to issue an order in respect of certain areas in the State of Jammu and Kashmir.
• Article 356 deals with the President’s power to proclaim President’s Rule in a State.