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Article 266 of the constitution states the revenue collected, loans raised and income generated by the govt of India shall be kept under consolidated fund.
This fund is kept at the disposal of the parliament. i.e no penny can be used without the sanction of the parliament.
Also it is a constitutional fund and is also the largest fund of GoI.
Wiki User
∙ 13y ago
Wiki User
∙ 12y agoIt is the expenditure not subject to vote of legislature
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Is consolidated fund of India paid the salary and allowance to the governor?
No
Which authority recommends the principles governing the grants-in-aid of the revenues of the states out of the consolidated fund of India?
finance commission
When was the Employees Provident Fund Organization of India formed?
The Employees Provident Fund Organization of India is a statutory body of the Government of India under the Ministry of Labour and Employment. The organization is formed in 1952.
What is the purpose of the India Brand Equity Fund?
to make "made in india" a lable of quality.
How many mutual funds are in India?
in India there is almost 34 mutual fund houses are active as on APRIL 2008 gmrpraveen@gmail.com
Does salaries of High court judges come under consolidated fund of India?
Consolidated fund
Is consolidated fund of India paid the salary and allowance to the governor?
No
Who can Withdraw funds from Consolidated Fund of India?
indian parliament
What is the name of fund for pension of high court judges in India?
consolidated fundof india
Which authority recommends the principles governing the grants-in-aid of the revenues of the states out of the consolidated fund of India?
finance commission
What is depreciation reserve fund?
Accumulated depreciation which is not shown in income and expenditure account as expenditure and the same is included in the net profit and shown separately as depreciation reserved fund while adding it in the capital fund.
What is virement in public fund management?
tranfer of funds from unspending expenditure to different part of the same expenditure line
What is reserve depreciation?
Accumulated depreciation which is not shown in income and expenditure account as expenditure and the same is included in the net profit and shown separately as depreciation reserved fund while adding it in the capital fund.
Is general fund falls under income and expenditure or balance sheet?
no
What are mutual fund loads?
Mutual fund loads are when you are charged for a purchase of shares/units. You are also charged an one time sale fee.
What is life assurance fund?
It is the excess revenue income over revenue expenditure for an insurance company.
What is the oldest Mutual Fund scheme in India?
sbi matual fund
