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Consider the following Financial Powers of Governor and Mark the incorrect statement.              
  • a)
    He constitutes a finance commission after every ten years to review the financial position of the panchayats and the municipalities  
  • b)
    Money bills can be introduced in the state legislature only with his prior recommendation 
  • c)
    He can make advances out of the Contingency Fund of the state to meet any unforeseen expenditure. 
  • d)
    He sees that the Annual Financial statement (state budget) is laid before the state
Correct answer is option 'A'. Can you explain this answer?
Most Upvoted Answer
Consider the following Financial Powers of Governor and Mark the inco...
He constitutes a finance commission after every ten years to review the financial position of the panchayats and the municipalities. Explanation: - Statement (b), (c) and (d) are correct. Statement (a) is incorrect.
Governor constitutes a finance commission after every five years to review the financial position of the panchayats and the municipalities.
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Community Answer
Consider the following Financial Powers of Governor and Mark the inco...
Explanation:
The statement 'a) He constitutes a finance commission after every ten years to review the financial position of the panchayats and the municipalities' is incorrect.

The Financial Powers of the Governor in India are defined in Article 202 of the Constitution. The Governor of a state has certain financial powers that are important for the smooth functioning of the state government. Let's go through each option to understand the correct statements.

a) He constitutes a finance commission after every ten years to review the financial position of the panchayats and the municipalities:
This statement is incorrect. The Governor does not have the power to constitute a finance commission. The finance commission is constituted by the President of India under Article 280 of the Constitution. The finance commission is responsible for making recommendations on the distribution of financial resources between the Union and the states and among the states themselves. The finance commission also reviews the financial position of the panchayats and municipalities and makes recommendations on the devolution of funds to them.

b) Money bills can be introduced in the state legislature only with his prior recommendation:
This statement is correct. As per Article 207 of the Constitution, a money bill can be introduced in the state legislature only with the prior recommendation of the Governor. The Governor has the power to either give or withhold his recommendation on a money bill.

c) He can make advances out of the Contingency Fund of the state to meet any unforeseen expenditure:
This statement is correct. The Governor has the power to make advances out of the Contingency Fund of the state to meet any unforeseen expenditure. The Contingency Fund is created under Article 267 of the Constitution and is at the disposal of the Governor. It is used to meet urgent and unforeseen expenditure for which no provision exists in the budget.

d) He sees that the Annual Financial statement (state budget) is laid before the state:
This statement is correct. The Governor has the power and duty to ensure that the Annual Financial Statement, commonly known as the state budget, is laid before the state legislature. This is mentioned in Article 202 of the Constitution.

In conclusion, the incorrect statement is option 'a' - "He constitutes a finance commission after every ten years to review the financial position of the panchayats and the municipalities." This power lies with the President of India, not the Governor.
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Consider the following Financial Powers of Governor and Mark the incorrect statement.              a) He constitutes a finance commission after every ten years to review the financial position of the panchayats and the municipalities  b) Money bills can be introduced in the state legislature only with his prior recommendation c) He can make advances out of the Contingency Fund of the state to meet any unforeseen expenditure. d) He sees that the Annual Financial statement (state budget) is laid before the stateCorrect answer is option 'A'. Can you explain this answer?
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Consider the following Financial Powers of Governor and Mark the incorrect statement.              a) He constitutes a finance commission after every ten years to review the financial position of the panchayats and the municipalities  b) Money bills can be introduced in the state legislature only with his prior recommendation c) He can make advances out of the Contingency Fund of the state to meet any unforeseen expenditure. d) He sees that the Annual Financial statement (state budget) is laid before the stateCorrect answer is option 'A'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Consider the following Financial Powers of Governor and Mark the incorrect statement.              a) He constitutes a finance commission after every ten years to review the financial position of the panchayats and the municipalities  b) Money bills can be introduced in the state legislature only with his prior recommendation c) He can make advances out of the Contingency Fund of the state to meet any unforeseen expenditure. d) He sees that the Annual Financial statement (state budget) is laid before the stateCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following Financial Powers of Governor and Mark the incorrect statement.              a) He constitutes a finance commission after every ten years to review the financial position of the panchayats and the municipalities  b) Money bills can be introduced in the state legislature only with his prior recommendation c) He can make advances out of the Contingency Fund of the state to meet any unforeseen expenditure. d) He sees that the Annual Financial statement (state budget) is laid before the stateCorrect answer is option 'A'. Can you explain this answer?.
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