Under whag circumatances can the financial emergency be proclaimed by the president of india?
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Explanation:
f 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. It has never been declared.
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Answer:
president may proclaim a state of emergency in the whole or part of India if he realises feels that a grave situation has a rising in which the security of India on parts of its territory might get threatened by war or external aggression.
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