Subjective Questions on Under what circumstances can the Financial Emergency be proclaimed by the President of India What co........... for General Studies ( Level -2 ) Preparation

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Under what circumstances can the Financial Emergency be proclaimed by the President of India What co...........

General Studies (Mains ) Polity and Governance
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    Under what circumstances can the Financial Emergency be proclaimed by the President of India? What consequences follow when such a declaration remains in force? (10 Marks, 150 Words )
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