Multiple choice

Which of the following is false regarding the financial powers of the President of India?

  1. He causes the annual financial statement to be laid before the Parliament.

  2. He causes the annual budget to be laid before the Parliament at the end of every financial year.

  3. No Money Bill can be introduced in the parliament without his prior assent.

  4. He can appoint the Finance Commission and implement its recommendation.

  5. He can create contingency fund from which he can advance to meet unforeseen expenses.
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Yes, it is the false statement, hence the correct answer. He causes the annual budget to be laid before the Parliament in the beginning, not the end of every financial year.

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