Indian Polity • Parliament & ExecutiveMedium
Which of the following funds contains all public moneys received by or on behalf of the Government of India, other than those credited to the Consolidated Fund?
A. Contingency Fund of India
B. Public Account of India✓ Correct Answer
C. National Investment Fund
D. Prime Minister's Relief Fund
💡 Solution & Explanation
The Public Account of India, constituted under Article 266(2), holds all public moneys received by or on behalf of the government other than those belonging to the Consolidated Fund. Examples include provident fund deposits, small savings, and judicial deposits. Disbursements from this account do not require parliamentary voting.
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