MCQOPTIONS
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| 1. |
Which one of the following is true with regard to the Contingency Fund of India? |
| A. | All repayment of internal and external debits and release of loans to States are debited against this fund. |
| B. | The money of this fund is to be used for providing immediate relief to the victims of natural calamities. |
| C. | All the money received other than that which is for credit to the Consolidated Fund is accounted in this fund. |
| D. | It includes various suspense and remittance heads. |
| Answer» C. All the money received other than that which is for credit to the Consolidated Fund is accounted in this fund. | |