MasteryExams
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.

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