how many times has financial emergency been declared in india so far
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Emergency of finance is declared when either the president of the country is unhappy from the economic situation or when country is under danger other countries
India has announced the financial emergency three times in 1962, 1971, and 1975. Emergency in 1962 and 1971,they were made on the base of reason of “External Aggression” and in 1975 was made because of reason of“Internal disturbance”.
Emergency of finance is declared when either the president of the country is unhappy from the economic situation or when country is under danger other countries
India has announced the financial emergency three times in 1962, 1971, and 1975. Emergency in 1962 and 1971,they were made on the base of reason of “External Aggression” and in 1975 was made because of reason of“Internal disturbance”.
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