General Knowledge - Indian Politics - Discussion
Discussion Forum : Indian Politics - Indian Politics (Q.No. 22)
22.
The president can advance money to meet unforeseen expenses, pending authorization by Parliament, from
Discussion:
8 comments Page 1 of 1.
Kaleem said:
1 decade ago
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.
(2)
Kaleem said:
1 decade ago
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.
This fund is kept at the disposal of the parliament. i.e. no penny can be used without the sanction of the parliament.
(2)
Santwana said:
9 years ago
What is the difference between the consolidated fund of India and the contingency fund?
Sagar said:
1 decade ago
Contingency Fund is held by Union Finance Secretary on the behalf of Preseident.
Tarun said:
1 decade ago
Contingency fund make without recommendation of parliament.
Shikha said:
10 years ago
What does it mean by pending authorization by Parliament?
Sumegha said:
8 years ago
Consolidate fund means what?
Shreedevi said:
5 years ago
Consolidate fund means?
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