Which Article of the Indian Constitution empowers the President of India to declare financial emergency?

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AArticle 358

BArticle 359

CArticle 360

DArticle 363

Answer:

Article 360 of the Indian Constitution empowers the President to invoke financial emergency.

Related Questions:

Consider the following statements about the amendments affecting emergency provisions.

(i) The 38th Amendment Act of 1975 made the declaration of both National Emergency and President’s Rule immune from judicial review.

(ii) The 44th Amendment Act of 1978 restored judicial review for both National Emergency and President’s Rule.

(iii) The 42nd Amendment Act of 1976 extended the duration of a National Emergency indefinitely without parliamentary approval.