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Which one of the following categories of emergency has not been declared so far:
National emergency
Emergency due to break down of constitutional machinery
Financial emergency
None of the above
Under Article 360 the President of India has the power to declare a financial emergency in view of the financial situation of the country, but for this declaration the approval of the cabinet is necessary.Since a Financial Emergency has never been imposed in India before, the power under Article 360 of the Constitution has remained unchartered territory since Independence. Hence option 3rd is correct.
By: Parvesh Mehta ProfileResourcesReport error
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