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UPSC Indian Polity and Civics The Indian Constitution Question Bank Miscellaneous Subjects

  • question_answer
    Which one of the following is not true with regard to the Contingency Fund of India?

    A)  It is established by the Parliament through law.

    B)  All loans raised are deposited in this fund.

    C)  It is kept at the disposal of the President of India.

    D)  It helps the Government to meet the unforeseen expenditure pending its authorization by the Parliament.

    Correct Answer: B

    Solution :

     All loans raised are deposited in the Consolidated Fund of India, and not in the Contingency Fund of India.


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