Indian Polity • Parliament & ExecutiveMedium
According to Article 267 of the Indian Constitution, the Contingency Fund of India is placed at the disposal of whom to enable advances to be made for meeting unforeseen expenditure?
A. Prime Minister of India
B. Speaker of the Lok Sabha
C. Comptroller and Auditor General of India
D. President of India✓ Correct Answer
💡 Solution & Explanation
Article 267 of the Indian Constitution places the Contingency Fund of India at the disposal of the President, enabling advances to be drawn for urgent unforeseen expenditures pending parliamentary authorization. Other authorities like the Prime Minister or the Speaker do not hold custody of this constitutional fund. Financial administration and budgetary provisions are recurring themes in polity questions.
More Indian Polity Parliament & Executive questions
- Which parliamentary committee in India examines the reports of the Comptroller and Auditor General (CAG)…
- Under the rules of the Lok Sabha, what is the minimum number of members required to support a motion of…
- Which parliamentary committee in India is known as the 'Standing Committee on Public Undertakings' and…
- What is the specialized parliamentary instrument used to raise a matter of urgent public importance during…
- In the proceedings of the Indian Parliament, on which day of the week are Private Members' Bills normally…