New Enroll in our GIC Finance Online Course Here!

    Register

    Question

    All revenues received by the Government, loans raised by

    it, and also receipts from recoveries of loans granted by it, together form the _________.
    A Contingency Fund of India Correct Answer Incorrect Answer
    B Consolidated Fund of India Correct Answer Incorrect Answer
    C Public Account of India Correct Answer Incorrect Answer
    D Annual Financial Statement Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    All revenues received by the Government, loans raised by it, and also receipts from recoveries of loans granted by it, together form the Consolidated Fund of India.

    Practice Next