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Under which article, President of India can proclaim financial emergency?

Article 32

Article 349

Article 360

Article 355

Explanation:

Article 360 of the Indian Constitution states that If the President is satisfied that a situation has arisen whereby the financial stability or credit of India or of any part of the territory there of is threatened, he may by a Proclamation make a declaration to that effect and proclaim financial emergency.
Hence, option 3 is the correct answer.

By: Amit Kumar

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