Indian Politics
Under which Article of the constitution, the President of India can declare the financial emergency-

Article 352
Article 364
Article 356
Article 360

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Indian Politics
The Parliament of India cannot be regarded as a sovereign body because

the Supreme Court can declare laws passed by parliament as unconstitutional if they contravene the provisions of the Constitution
All of these
it has to operate within the limits prescribed by the Constitution
it can legislate only on subjects entrusted to the Centre by the Constitution

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