Multiple Choice Questions on All revenues received by the Union Government by way of taxes and other receipts for the conduct of ........... for UPSC Civil Services Examination (General Studies) Preparation

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Indian Polity

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Indian Economy - Understanding the basics of Indian economic system

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    All revenues received by the Union Government by way of taxes and other receipts for the conduct of Government business are credited to the:

    Contingency Fund of India

    Incorrect Answer

    Public Account

    Incorrect Answer

    Consolidated Fund of India

    Correct Answer

    Deposits and Advances Fund

    Incorrect Answer
    Explanation:

    All revenues received by the Union Government by way of taxes and other receipts for the conduct of Government business are credited to the Consolidated Fund of India.


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