Explanation
The Forty-second Amendment of the Constitution of India, officially known as The Mini Constitution (Forty-second amendment) Act, 1976, was enacted during the Emergency (25 June 1975 – 21 March 1977) by the Indian National Congress government headed by Indira Gandhi.
Head of the government is Prime Minister. He is the real head where as President is the nominal head.
He is the elected representative of people. First Prime Minister of India is Shree Jawaharlal Nehru and present prime minister is Shri. Narendhra Modi
Revenues received by the government and expenses made by it, excluding the exceptional items, are part of the Consolidated Fund.
President has the authority over consolidated fund of India.
The planning commission was established on 15 March 1950 under the chairmanship of Jawaharlal Nehru. In his first Independence Day speech in 2014, Prime Minister Narendra Modi announced his intention to dissolve the Planning Commission. It has since been replaced by a new institution named NITI Aayog.
Among the given statements, which says that The President of India nominates 12 members on the Rajya Sabha, the Lok Sabha is constituted for a period of five years, the Rajya Sabha members are elected for the duration of six years, one-third retiring every two years are true
The only statements which is false is that the Lok Sabha can be dissolved by the Prime Minister. Loksabha can be dissolved by president but not prime minister.
After a Bill has been passed by both Houses, it is presented to the President for his assent. The President can assent or withhold his assent to a Bill or he can return a Bill, other than a Money Bill, for reconsideration. If the Bill is again passed by the Houses, with or without amendment made by the President, he shall not withhold assent therefrom. But, when a Bill amending the Constitution passed by each House with the requisite majority is presented to the President, he shall give his assent thereto. A Bill becomes an Act of Parliament after being passed by both the Houses of Parliament and assented to by the President.
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