Which of the following parliamentary funds is placed at the disposal of the President of India to enable him to make advances for meeting unforeseen expenditure pending authorization by Parliament?

💡 Solution & Explanation

Established under Article 267 of the Indian Constitution, the Contingency Fund of India is maintained at the disposal of the President to allow advances for urgent or unforeseen expenditures pending legislative authorization. The Consolidated Fund handles regular government revenues and expenditures requiring parliamentary approval. Constitutional provisions concerning public finances are vital for polity assessments.