General Knowledge - Indian Politics - Discussion

Consolidated fund- All revenues received by the Government by way of taxes like Income Tax, Central Excise, Customs and other receipts flowing to the Government in connection with the conduct of Government business.

Contigency fund- The Contingency Fund of India records the transactions connected with Contingency Fund set by the Government of India under Article 267 of the Constitution of India. The fund are made for the purposes of meeting unforeseen expenditure which are resumed to the Fund to the full extent as soon as Parliament authorizes additional expenditure.

The salary and expenses of a high court judge are charged to the consolidated fund of the state.

But pension is charged to the consolidated fund of India.

Salary of judge of high court is charged on consolidated fund of state where as pension of judge of high court is charged on consolidated fund of India.

I get 2 see 2 different answer- 1. Consolidated fund of India 2. Contingency fund of India. Which is the correct answer?

It should be consolidate fund of India because the parliament holds the whole country not a single state.

Because HC Judges are working in various states so their pension will charge on consolidated of India.

Consolidated fund of state for HC Judges.

Consolidated fund of India for SC Judges.

Parliament's assent is only a must for Consolidated fund not for contingency fund.

CFI that too he is paid 50cent of his salary 9 (used to be paid earlier).

CFI that too he is paid 50cent of his salary 9 (used to be paid earlier).