Multiple choice general knowledge

How many times has Financial Emergency been declared in India so far?

  1. 5 times

  2. 4 times

  3. Once

  4. Never

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Article 360 of the Indian Constitution provides for Financial Emergency, but it has never been declared in India since the Constitution came into effect in 1950. Unlike President's Rule (under Article 356) which has been used numerous times, the Financial Emergency provision remains unused.