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Q: What is the salary per month of the President of India?
  • A. ` 1,50,000
  • B. ` 1,00,000
  • C. ` 75,000
  • D. ` 50,000
Correct Answer: Option A - The salary and allowances of the President of India are fixed by the Parliament of India. Presently the salary of the President of India is 5 lakhs/month (non taxable) apart from this, the President of India also enjoys several allowances which includes free medical facilities, free accommodation, free treatment (whole life) security. His post retirement perks includes `1.5 lakh a month as a pension. The spouse of President will get a secretarial assistance of `30,000 per month, rent free bungalow staff expenses of `60,000 a year, free travel with a companion by train or car etc.
A. The salary and allowances of the President of India are fixed by the Parliament of India. Presently the salary of the President of India is 5 lakhs/month (non taxable) apart from this, the President of India also enjoys several allowances which includes free medical facilities, free accommodation, free treatment (whole life) security. His post retirement perks includes `1.5 lakh a month as a pension. The spouse of President will get a secretarial assistance of `30,000 per month, rent free bungalow staff expenses of `60,000 a year, free travel with a companion by train or car etc.

Explanations:

The salary and allowances of the President of India are fixed by the Parliament of India. Presently the salary of the President of India is 5 lakhs/month (non taxable) apart from this, the President of India also enjoys several allowances which includes free medical facilities, free accommodation, free treatment (whole life) security. His post retirement perks includes `1.5 lakh a month as a pension. The spouse of President will get a secretarial assistance of `30,000 per month, rent free bungalow staff expenses of `60,000 a year, free travel with a companion by train or car etc.