Q.

Which Article empowers the President to impose Financial Emergency? (1)

A. Article 356
B. (2) Article 364
C. Article 352
D. Article 360
Answer» D. Article 360
Explanation: According to Article 360, 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.
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