The Consolidated Fund of India is a fund in which........

Indian Polity Indian Parliament

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The Consolidated Fund of India is a fund in which

all taxes by the Union as well as the state government are deposited

all money received by or on behalf of the Government of India is deposited

the Union as well as the state governments make equal contribution and out of which the charged expenses are met

savings of the Union and state governments are deposited to meet unforeseen expenses

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Explanation:

Consolidated Fund of India- It is a fund to which all receipts are credited and all payments are debited. In other words,
(a) all revenues received by the Government of India;

(b) all loans raised by the Government by the issue of treasury bills, loans or ways and means of advances;
(c) all money received by the government in repayment of loans forms the Consolidated Fund of India. All
the legally authorised payments on behalf of the Government of India are made out of this fund.
No money out of this fund can be appropriated (issued or drawn) except in accordance with a parliamentary law.