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Answer» Heyaa,,, There are three types of EMERGENCY which can be proclaimed in India 1.National Emergency, 2.State Emergency or Presidential Rule in state and 3.Financial Emergency.
¤ The two EFFECT of financial emergency are as follows;
1. The most SIGNIFICANT effect is that the FEDERAL form of the Constitution CHANGES into unitary.
2.while a proclamation of emergency is in operation. __________________ hope it helps.☺☺☺
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