Which article can be used by The President of India to declare financial emergency?

Options

A. Article 32
B. Article 349
C. Article 360
D. Article 365

Answer

C

Explanation

Article 360 deals with provisions regarding financial emergency. It states that if the President is satisfied that there is an economic situation in which the financial stability or credit of India is threatened, he or she can declare financial emergency. Such an emergency must be approved by the Parliament within two months.