SSC
INDIAN POLITY
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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 the unforseen expenses from the?
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the consolidated fund of india
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the contigency fund
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both of above
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none of the above
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Explanation:
Detailed explanation-1: -Definition: Contingency Fund is created as an imprest account to meet some urgent or unforeseen expenditure of the government. Description: This fund was constituted by the government under Article 267 of the Constitution of India.
Detailed explanation-2: -On behalf of the President of India, the finance secretary (Department of Economic Affairs) holds the contingency fund, and the fund is operated under the President’s execution. But without parliament’s approval, the government cannot withdraw funds.
There is 1 question to complete.