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Financial Emergency

UPSC - Mains Solved Paper GS 2

Under what circumstances can the Financial Emergency be proclaimed by the President of India? What consequences follow when such a declaration remains in force? (10 marks, 150 words)

by Edukemy Team January 3, 2024

by Edukemy Team January 3, 2024 0 comments

The proclamation of a Financial Emergency in India, as stipulated in Article 360 of the Constitution, is a formidable step that empowers the President to tackle a severe financial crisis …

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