Multiple Choice Questions on Which among the following is NOT an expenditure charged upon Consolidated Fund of India CFI ........ for UPSC EPFO Exam Preparation

Union - Executive, Legisture

Indian Polity

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Indian Economy - Understanding the basics of Indian economic system

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    Which among the following is NOT an expenditure charged upon Consolidated Fund of India (CFI)?

    Salary of Chief election commissioner

    Correct Answer

    Salary of the Comptroller and Auditor General.

    Incorrect Answer

    Salary of member of the Union public service commission

    Incorrect Answer

    Emoluments and allowances of the President.

    Incorrect Answer
    Explanation:

    Under Article 266 (1) of the Constitution of India, a Consolidated Fund Of State (a separate fund for each state) has been established where all revenues (both tax revenues such as Sales tax/VAT, stamp duty etc..and non-tax revenues such as user charges levied by State governments) received by the State government as well as all loans raised by issue of treasury bills, internal and external loans and all moneys received by the State Government in repayment of loans shall form part of the fund.


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