How many times has 'Financial Emergency' been declared in India so far?
- A.4 times
- B.5 times
- C.Never
- D.Once
Correct answer
Explanation
The correct answer is Never. Article 360 has never been used. Even in 1991, when India faced a severe balance of payments crisis, had foreign exchange reserves for only a few weeks of imports and had to pledge gold to raise loans, the government chose economic reforms rather than a Financial Emergency. So none of the counts offered, "4 times", "5 times" or "once", can be right.
Keep the three emergencies apart when counting. A National Emergency under Article 352 has been declared three times: 1962, 1971 and 1975. President's Rule under Article 356 has been imposed on States many times, beginning with Punjab in 1951. A Financial Emergency under Article 360 has never been declared. This contrast is itself a favourite question, often phrased as "which emergency has never been proclaimed in India?" The answer is always the Financial Emergency.
Read the full article: Emergency Provisions (Articles 352–360): Notes and PYQs
Practice Questions
View allHow many types of emergencies are provided in the Constitution?
- A.2
- B.3
- C.4
- D.5
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Part XVIII of the Constitution provides for three kinds of emergency. A National Emergency under Article 352 can be declared on the ground of war, external aggression or armed rebellion.
Read the full explanation →Which article of the Indian constitution provides for proclamation of Emergency?
- A.Article 364
- B.Article 352
- C.Article 350
- D.Article 362
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It allows the President, if satisfied that a grave emergency exists whereby the security of India or any part of it is threatened by war, external aggression or armed rebellion, to make a Proclamation of Emergency.
Read the full explanation →Which of the following amendment act of the Indian constitution replaced the term "internal disturbance" with "armed rebellion" in the context of a national emergency?
- A.41st Amendment act, 1976
- B.44th Amendment act, 1978
- C.42nd Amendment act, 1976
- D.43rd Amendment act, 1977
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The Emergency of June 1975 was declared on the ground of "internal disturbance", a phrase so vague that almost any political unrest could be brought under it.
Read the full explanation →A Proclamation of National Emergency must be approved by each House within how many months?
- A.1
- B.3
- C.6
- D.9
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A Proclamation of National Emergency must be laid before both Houses of Parliament and approved by each of them within one month of its issue; otherwise it ceases to operate.
Read the full explanation →'Effect of Proclamation of Emergency' is explicitly provided in which of the following provisions of the Constitution of India?
- A.Article 353
- B.Article 350
- C.Article 256
- D.Article 252
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While a National Emergency is in force, it extends the executive power of the Union to giving directions to any State on the manner in which its executive power is to be exercised, and it allows Parliament to make laws on any matter, even one in the State List.
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