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Assertion: The Constitution vests the executive powers of the Union in the president of India.
Reason: The President of India is the Constitution head of the State.
A. Both Assertion and Reason are correct and Reason is the correct explanation for Assertion.
B. Both Assertion and Reason are correct but Reason is not the correct explanation for Assertion
C. Assertion is correct but Reason is incorrect
D. Both Assertion and Reason are incorrect.

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Answer
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Hint:- The President is elected by the members of both Houses of Parliament and Legislative Assemblies of the states in accordance with the system of proportional representation. The criteria to become a President, that an individual must be a citizen of India, not less than 35 years of age, and qualified for election as a member of the Lok Sabha. President’s term is for five years and he can re-elect. His removal procedure is given under Article 61 of the Indian Constitution.

Complete answer:
The executive power of the Union is vested in the President, as exercised by him either directly or through an officer subordinate to him in accordance with the Constitution because the President of India only a nominal executive, and the real executive being the Council of Ministers headed by the Prime Minister. So, Both Assertion and Reason are correct but Reason is not the correct explanation for Assertion

So, option B is the correct answer.

President is also ex-officio Supreme Commander of the Defence Forces.
He appoints several important posts such as those of the Governors, Lt. -Governor, Chief Justice and Judges of the Supreme Court and High Courts, Prime Minister and Union Ministers, Chief Election Commissioner, etc. His duty is, he must be informed of all decisions of the Council of Ministers.
He also governs several Union Territories through the Administrators or Lieutenant Governors.
The President also has the power to dismiss his Ministers individually, the Attorney-General of India, the Governor of a State, the Chairman or Members of the Public Service Commission (both Union and State), a Judge of the Supreme Court or of a High Court or an Election Commissioner.

Note: The Financial Powers of Presidents is followed as:-
No Money Bill can be introduced in Parliament without the President's previous sanction. He appoints the Finance Commission. He causes it to be laid before Parliament the Annual Financial Statement (Budget') at the beginning of the financial year.
The Judicial and Diplomatic Powers of the President are:-
The President is empowered to pardon offenders or to remit, reprieve, suspend or commute their sentences. He appoints the Ambassadors and receives the credentials of the foreign diplomatic representatives.