2022
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
Which department manages the ‘Contingency Fund of India’ on behalf of the President?
|
|
Department of Expenditure
|
|
|
Department of Economic Affairs
|
|
|
Department of Financial Services
|
|
|
Department of Revenue
|
Explanation:
Detailed explanation-1: -Q. Which department manages the ‘Contingency Fund of India’ on behalf of the President? Notes: The ‘Contingency Fund of India’ is held by the Finance Ministry’s Department of economic affairs on behalf of the President of India.
Detailed explanation-2: -President has the authority over consolidated fund of India.
Detailed explanation-3: -The correct answer is Parliament. Consolidated Fund is constituted under Article 266 (1) of the Constitution of India.
There is 1 question to complete.