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The emoluments and allowances of the President and other expenditure relating to his office is charged on the ______ of India.
contingency fund
estimates fund
consolidated fund
public accounts fund
- The Consolidated Fund of India is the main fund where all government revenues are collected and expenses, including presidential salaries, are drawn from it.
- Your Choice: Option 3
- Correct:
-
- The Contingency Fund of India is used for urgent and unforeseen expenses, requiring parliamentary approval.
- The Estimates Fund isn’t a valid option with respect to Indian government accounting terms.
- The Public Accounts Fund deals with other public money, like state provident funds or judicial deposits, outside of direct government receipts.
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