General Knowledge - Indian Politics - Discussion

Discussion :: Indian Politics - Indian Politics (Q.No.22)

22. 

The president can advance money to meet unforeseen expenses, pending authorization by Parliament, from

[A]. the Consolidated Fund of India
[B]. the Contingency Fund
[C]. both the above funds
[D]. None of the above

Answer: Option B

Explanation:

No answer description available for this question.

Tarun said: (May 16, 2011)  
Contingency fund make without recommendation of parliament.

Sagar said: (Nov 18, 2011)  
Contingency Fund is held by Union Finance Secretary on the behalf of Preseident.

Kaleem said: (Apr 24, 2013)  
The Contingency Fund of India established under Article 267 (1) of the Constitution is in the nature of an imprest (money maintained for a specific purpose) which is placed at the disposal of the President to enable him/her to make advances to meet urgent unforeseen expenditure, pending authorization by the Parliament.

Kaleem said: (Apr 24, 2013)  
Consolidated fund : Article 266 of the constitution states the revenue collected, loans raised and income generated by the govt of India shall be kept under consolidated fund.

This fund is kept at the disposal of the parliament. i.e. no penny can be used without the sanction of the parliament.

Shikha said: (Sep 30, 2015)  
What does it mean by pending authorization by Parliament?

Santwana said: (Sep 1, 2016)  
What is the difference between the consolidated fund of India and the contingency fund?

Sumegha said: (Jun 3, 2017)  
Consolidate fund means what?

Shreedevi said: (Jun 1, 2020)  
Consolidate fund means?

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