WBCS.LIVE practice question

Parliamentary authorization is necessary prior to expenditure from

Solve this multiple-choice question and check the correct answer with its explanation below.

Answer options

  1. the Public Accounts of India.
  2. the Consolidated fund of India.
  3. the Contingency Fund of India.
  4. None of the above

Correct answer and explanation

Correct answer: the Consolidated fund of India.

Explanation: All withdrawals from the Consolidated Fund of India require prior approval of Parliament. 📚 Other Information: ▪️ Consolidated Fund = all taxes, loans, and government receipts. ▪️ No money can be withdrawn without parliamentary sanction (Article 266). ▪️ Public Account and Contingency Fund do not require such authorization.