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The President can declare a National Emergency on the grounds of war, external aggression, or armed rebellion. The term 'Armed Rebellion' replaced 'Internal Disturbance' by the 44th Amendment Act (1978).
Declared when the constitutional machinery fails in a state (Art 356) or if a state fails to comply with Central directions (Art 365).
Declared when the financial stability or credit of India or any part of it is threatened.
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