Which of the following funds is held by the Government of India for which all public revenues received by the Government are credited?

💡 Solution & Explanation

Article 266 of the Constitution establishes that all revenues received by the Government of India form part of the Consolidated Fund of India, from which expenditures require parliamentary authorization via an Appropriation Act. The Contingency Fund and Public Account serve distinct financial purposes under different constitutional provisions. Public finance and fiscal architecture are fundamental components of Indian polity and economics.