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All of you come today at 1:00 PM for PSC clerkship mock test
Same test on Monday at 1:30pm

Lab old building

1905 (933×940)

MCQ of Funds in Indian Constitution:
Q. Consider the following statements with reference to contingency fund of India:
1. The contingency fund of India has been established under Article 267(1) of the Indian constitution.
2. Unlike consolidated fund of India, payments from contingency fund of India can be made without parliamentary appropriation.
3. The corpus of the Contingency Fund as authorized by Parliament presently stands at Rs 1000 crore.
How many statements given above are correct?
a. Only 1
b. Only 2
c. Both 1&2
d. All 1,2&3

Q. With reference to Public Accounts of India, consider the following statements:
1. The expenditures from the Public Account are not required to be approved by the Parliament.
2. The funds under the Public Account does not belong to the Government.
Which of the statements given above is/are correct?
a. Only 1
b. Only 2
c. Both 1&2
d. Neither 1 nor 2
Q. Which one of the following sets of Bills is Presented to the Parliament along with the Budget ?
A. Direct taxes bill and Indirect taxes bill
B. Contingency Bill and Appropriation Bill
C. Finance Bill and Appropriation Bill
D. Finance Bill and Contingency Bill

Q. A Money Bill passed by the Lok Sabha is deemed to have been passed by the Rajya Sabha also when no action is taken by the Upper House within:
(A) 10 days
(B) 14 days
(C) 20 days
(D) 30 days

WBPSC Clerkship test
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