GK
INDIAN POLITICS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The president can advance money to meet unforeseen expenses, pending authorization by Parliament, from
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the Consolidated Fund of India
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the Contingency Fund
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both the above funds
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None of the above
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Explanation:
Detailed explanation-1: -The fund is held by the Finance Secretary (Department of Economic Affairs) on behalf of the President of India and it can be operated by executive action. The Contingency Fund of India exists for disasters and related unforeseen expenditures.
Detailed explanation-2: -The correct answer is The Parliament of India.
There is 1 question to complete.