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The correct answer is option 3 - Article 361 of the Constitution of India. This provision states that the President of India shall not be answerable to any court for the exercise of the powers and duties of their office. It grants the President immunity from any legal or judicial proceedings for their official acts.
Let`s analyze the other options to understand why they are incorrect:
Option 1 - Article 53: This article deals with the executive powers of the President. It defines the scope and extent of the President`s authority but does not provide immunity from being answerable to any court.
Option 2 - Article 74: This article pertains to the Council of Ministers and their advice to the President. It does not provide immunity to the President from any court jurisdiction.
Option 4 - Article 363: This article relates to the bar of jurisdiction of courts in respect of matters concerning the arbitration of disputes arising out of certain treaties and agreements. It is not relevant to the question at hand.
Therefore, the correct provision that grants immunity to the President from being answerable to any court is Article 361 of the Constitution of India.