two financial powers of president
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Financial powers
The president lays the Annual Financial Statement, i.e. the Union budget, before the parliament. The president can take advances out of the Contingency Fund of India to meet unforeseen expenses.
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TWO FINANCIAL POWER OF PRESIDENT ARE :-
Money bills can be introduced in the Parliament only with his prior recommendation.
He causes to be laid before the Parliament the annual financial statement.
He can make advances out of the contingency fund of India to meet any unforeseen expenditure.
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