Who has the authority to proclaim a financial emergency?

India Constitution MCQs for PPSC, FPSC, NTS, and Pakistan government job tests. Select an option below, then read the explanation.

PPSCFPSCNTSPakistan govt jobs
Subject
India Constitutionpolitical-science-mcqs › india-constitution
Published
11 Apr 2023
Last updated
28 May 2026

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Explanation

The power to declare a financial emergency rests solely with the President of the country. Neither the Prime Minister nor the Finance Minister holds this authority.

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