How many times has Financial Emergency been declared in India so far ........

Indian Polity (Easy) Union - Executive, Legisture

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How many times has Financial Emergency been declared in India so far?

5times

4times

once

Never

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Explanation:

Article 360 deals with provision of financial emergency and it never been declared in India.

Article 360 of the constitution mentions 'Financial Emergency'. However, the constitution lays no clear basis for invoking a financial emergency. It only mentions that if any financial stability or credit situation is threatened, a financial emergency can be imposed.