Question : Who among the following is the executive head of state in India?
Option 1: Prime Minister
Option 2: President
Option 3: Cabinet Secretary
Option 4: Finance Secretary
Correct Answer: President
Solution : The correct answer is President.
Article 77 of the Indian constitution mentions that all the executive actions of the Union of India should be done on the name of President. It mentions President as the executive head of the state. Article 58 provides for the eligibility for becoming the President of India. According to it President must be a citizen of India and he should not be less than 35 years of age.
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Question : The Comptroller and Auditor General of India submits his report relating to the accounts of the union to the:
Option 1: Finance minister
Option 2: Prime minister
Option 3: President
Option 4: Chief Justice of the Supreme Court
Question : Which body is constituted by the President of India to advise on the decision of Central Resources between the central and the State ?
Option 1: Tariff Commission
Option 2: Finance Commission
Option 3: Planning Commission
Option 4: Taxation Enquiry Commission
Question : Comptroller and Auditor General of India acts as friend , philosopher ,and Guide for
Option 1: Public Accounts Committee
Option 2: Estimates Commitee
Option 3: Finance Minister
Option 4: Committee on Public Undertakings
Question : Who is the regulator of Micro Finance Institutions in India?
Option 1: SEBI
Option 2: RBI
Option 3: NABARD
Option 4: SBI
Question : Which authority recommends the principles governing the grants in -aid of revenues of the states out of the consolidated fund of india?
Option 1: public accounts committee
Option 2: union ministry of finance
Option 3: Finance Commission
Option 4: inter-state council
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