SSC Indian Polity and Civics Sample Paper NCERT Sample Paper-3

  • question_answer
    Money from which of the following is credited to the contingency fund of India?
    1. Provident fund deposits
    2. Disinvestment proceeds
    3. Spectrum Auctions
    Select the correct answer using the codes given below.

    A)  1 only 

    B)  2 and 3 only

    C)  3 only 

    D)  None

    Correct Answer: D

    Solution :

    [d] Money is deposited in contingency fund of India from consolidated fund of India. It does not have any direct source. Provident fund deposits goes into public account, while money from spectrum allocation goes into the consolidated fund of India. Disinvestment proceeds are maintained separately in the national investment fund (NIF).

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