Which one of the following Articles of the Constitution of India can b

Which one of the following Articles of the Constitution of India can be used by the President of India to declare financial emergency ?

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Article 32

Article 349

Article 360

Article 365

Answer is Right!

Answer is Wrong!

This question was previously asked in

UPSC Combined Section Officer – 2024

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The correct answer is C, Article 360.

Article 360 of the Constitution of India empowers the President to declare a Financial Emergency if he is satisfied that a situation has arisen whereby the financial stability or credit of India or of any part of the territory thereof is threatened.

Article 32 deals with the right to constitutional remedies (Fundamental Right). Article 349 deals with special procedure regarding Bills relating to language. Article 365 deals with the effect of failure to comply with or give effect to directions given by the Union, which can lead to the imposition of President’s Rule under Article 356. A financial emergency has never been declared in India.

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