The President is an integral part of the Parliament. In this context explain the following: (a) The financial powers of the President
Answers
The President of India is an integral part of the Indian Parliament, but he is not a member of it. One of the important parts of
the Indian parliamentis the President of India. He summons and prorogues the sessions of both houses of theParliament. He can even dissolve the Lok Sabha.
President-Financial Powers :-
1.Prior permission of the President is required for introducing money bills in the Parliament.2.He ensures the Annual Financial Statement(Budget) is laid before the Parliament.3.He appoints the chairman and members of the Finance Commission for every five years.
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☆ Prior permission of the President is required for introducing money bills in the Parliament.
☆ He ensures the Annual Financial Statement(Budget) is laid before the Parliament.
☆ He appoints the chairman and members of the Finance Commission for every five years.