Question : The President can advance money to meet unforeseen expenses from the
Option 1: Consolidated Fund of India
Option 2: Grants of the Central Government
Option 3: Aid from the Union Government
Option 4: Contingency Fund
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Correct Answer: Contingency Fund
Solution : The correct answer is the Contingency Fund.
The President has been given access to the Indian Contingency Fund. To pay for unforeseen expenses, he may advance money from this fund, which he may later recover with the proper parliamentary approval. The finance secretary is in charge of holding the fund on the president's behalf. The Contingency Fund of India was created under Article 267(2) of the Indian Constitution.
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Question : Which authority recommends the principles governing the grants in -aid of revenues of the states out of the consolidated fund of india?
Option 1: public accounts committee
Option 2: union ministry of finance
Option 3: Finance Commission
Option 4: inter-state council
Question : Who appoints and dismisses the gazetted officials of the Union Government?
Option 1: The President of India
Option 2: The Prime Minister of India
Option 3: The Home Minister of India
Option 4: The Finance Minister of India
Question : The President of the Union of India has the same constitutional authority as the
Option 1: British Monarch
Option 2: President of USA
Option 3: President of Pakistan
Option 4: President of France
Question : The members of All India Services serve the
Option 1: Central government only
Option 2: State government only
Option 3: Union territories only
Option 4: Both the union and state governments
Question : The pensions payable to or in respect of the officers and servants of the Supreme Court are charged upon __________.
Option 2: Reserve Bank of India
Option 3: Public Account of India
Option 4: Finance Commission of India
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