Which one of the following financial powers is enjoyed by the President?

Question

Admin · Accepted Answer

All the above

Admin · Answer

Money bills can be introduced in the Parliament only on the recommendation of the President

Admin · Answer

The President can advance money out of the contingency fund of India

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The President appoints a finance commission to recommend the distribution of taxes between the union and the state governments

Q. Which one of the following financial powers is enjoyed by the President?