Explain the Emergency which is imposed by the President of India due to financial crisis. What are the effects of the declaration of financial emergency?

Nikita Chetry
Latest Answer: 1 year ago
In: Arts & Humanities

Explain the Emergency which is imposed by the President of India due to financial crisis. What are the effects of the declaration of financial emergency?

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1 Answers

Answered By Nikita Chetry
Answer: 1 year ago

According to Article 360, if the President of India is satisfied that a situation has arisen whereby the financial stability or credit of India or any of its part is in danger, he may declare the fina... Read More

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