SHORT ANSWER:
The President of India can exercise three types of veto power: absolute veto, qualified veto, and pocket veto.
DETAILS:
- **Absolute Veto**: Used when the President refuses to give assent to a bill, typically in cases of constitutional or legal concerns.
- **Qualified Veto**: Used when the President returns a bill for reconsideration, except for money bills.
- **Pocket Veto**: Used when the President neither assents nor explicitly disapproves a bill, effectively delaying it.
PUNISHMENT / IMPLICATIONS (if applicable):
- No direct punishment; however, a bill may lapse if not acted upon within a specific time frame.
SOURCE:
- Article 111 and Article 85 of the Constitution of India.
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