Indian Polity · Polity
Which of the following statements is true regarding the President's powers over a Money Bill passed by the Parliament?
- 1No assent from the President is required for a Money Bill.
- 2The President may either give assent or withhold assent to the bill.✓
- 3The President can return the bill for reconsideration of the Parliament.
- 4The President can only give assent and cannot withhold it.
Correct answer
The President may either give assent or withhold assent to the bill.
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