Question

Who can proclaim a Financial Emergency?
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Answer 1

Who can proclaim a Financial Emergency?

President can proclaim a financial emergency

Answer 2

Answer:

A state of emergency in India refers to a period of governance under an altered constitutional setup that can be proclaimed by the President of India, when he/she perceives grave threats to the nation from internal and external sources or from financial situations of crisis. Under the advice of the cabinet of ministers and using the powers vested in him/her largely by Part XVIII of the Constitution of India.

Explanation:

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