Question

    The Contingency Fund of India was established in which

    year?
    A 1950 Correct Answer Incorrect Answer
    B 1952 Correct Answer Incorrect Answer
    C 1954 Correct Answer Incorrect Answer
    D 1956 Correct Answer Incorrect Answer

    Solution

    The Contingency Fund of India was established under Article 267(1) of the Indian Constitution. It serves as a reserve fund for emergencies and unforeseen expenditures, operated by executive action. The fund is maintained by the Finance Secretary on behalf of the President of India.

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