WBCS.LIVE practice question
The ‘Contingency Fund’ of the State is operated by
Solve this multiple-choice question and check the correct answer with its explanation below.
Answer options
Correct answer and explanation
Correct answer: The Governor of the State
Explanation: The correct answer is A. The Governor of the State. Each state in India has its own Contingency Fund, established under Article 267(2) of the Constitution. This fund is used to meet unforeseen expenditures that arise in urgent situations, pending the approval of the state legislature. The fund is placed at the disposal of the Governor, who can make advances from it. Later, the expenditure is brought before the legislature for formal approval.