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.


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