Article 360 of Indian Constitution deals with _____________.

The correct answer is Financial Emergency.

Key Points

• Financial Emergency
  • Article 360 of the Indian Constitution deals with Financial Emergency.
  • This article empowers the President to invoke a financial emergency. 
  • It is declared by the President when the financial stability of India is threatened.
  • According to the 38th Amendment Act, of 1975, President's decision is final and conclusive.
  • This emergency can be passed on the Parliament only by a simple majority.

Additional Information

• War Emergency
  • Article 352 of the Indian Constitution deals with War Emergency.
  • It deals with the proclamation of an emergency due to war or aggression.
  • It is also known as the 'National Emergency'.
  • By Article 352, the President can declare a national emergency when the security of India is threatened by armed rebellion or war.
  • The word 'armed rebellion' was inserted by the 44th Amendment Act of 1978.
• Constitutional Emergency in the states
  • Article 356 of the Indian Constitution deals with Constitutional Emergencies in the states.
  • According to Article 356, President’s Rule can be imposed on any Indian state on the failure of the constitutional machinery.
  • It is also known as the 'State Emergency' or 'Constitutional Emergency'.
  • President’s Rule continues for six months and is sometimes extended with parliamentary approval.
• Administrative Emergency
  • Article 352 to 360 of the Indian Constitution deals with Administrative Emergency.
  • It includes Financial Emergency, War Emergency, and also Constitutional Emergency.