Q. Which of the following is/are the financial power/s of President?
1.Money bills can be introduced in Parliament only with his prior recommendation.
2.He causes to be laid before the Parliament the annual financial statement.
3.No demand for a grant can be made except on his recommendation.
Choose the correct answer from below given codes:
Answer: D
Notes:
Explanation: The financial powers and functions of the President are:
(a) Money bills can be introduced in Parliament only with his prior recommendation.
(b) He causes to be laid before the Parliament the annual financial statement (ie, the Union Budget).
(c) No demand for a grant can be made except on his recommendation.
Source: Laxmikanth’s Polity
