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Question
What is the security deposit of a candidate for Presidential Election?
Options
₹ 2500
₹ 15,000
₹ 10,000
₹ 7,500
MCQ
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Solution
₹ 15,000
Explanation:
The Presidential and Vice-Presidential Elections Act of 1952 requires candidates for the President of India to make a ₹ 15,000 security deposit. This deposit is required to demonstrate the sincerity of the candidature.
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