Contingency fund upsc
WebThe Indian Constitution mentions three sorts of central government funds: the Consolidated Fund of India (Article 266), the Contingency Fund of India (Article 267), and the Public Accounts of India (Article 266). The topic 'Types of Funds in India' is included in the IAS Exam GS-II – Indian Polity curriculum. This article will supply you with crucial information … WebJul 20, 2024 · Key Points. National Calamity Contingency Fund (NCCF) was renamed as National Disaster Response Fund (NDRF) with the enactment of the Disaster …
Contingency fund upsc
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WebSep 1, 2024 · Contingency Fund of India is a Rs. 500 crore fund sanctioned in the budget for contingent expenditure of unforeseen nature. This amount can be used by the Finance Secretary on behalf of the President of India. Here we are giving a brief note about these two Funds which will be helpful for your UPSC, SSC and other examinations. WebAug 27, 2024 · 3 min read. Recently, the Reserve Bank of India (RBI) has decided to transfer Rs 1.76 lakh crore to the Central government, which may help the government in dealing with the economic slowdown. The Rs 1.76 lakh crore includes the central bank’s 2024-19 surplus of ₹1.23 lakh crore and Rs 52,637 crore of excess provisions identified …
WebUPSC Mains Practice Questions: ... To audit all expenditure from the Contingency Fund of India and the Public Account of India and also the contingency fund of each state and the public account of each state. To audit all trading, manufacturing, profit and loss accounts, balance sheets, and other subsidiary accounts kept by any department of ... WebAug 27, 2024 · Topics Covered: Indian Economy and issues relating to planning, mobilization of resources, growth, development and employment. Contingency Fund …
WebThe Indian Constitution mentions three sorts of central government funds: the Consolidated Fund of India (Article 266), the Contingency Fund of India (Article 267), and the Public … WebApr 13, 2024 · 110. Definition of “Money Bills” — (1) For the purposes of this Chapter, a Bill shall be deemed to be a Money Bill if it contains only provisions dealing with all or any of the following matters, namely:—. (g) any matter incidental to any of the matters specified in sub clauses (a) to (f).
WebAug 26, 2024 · The expenditure of the Reserve Bank for the year 2024-20 is Rs 92,540 crore which includes a risk provision of Rs 73,615 crore towards Contingency Fund as …
WebThe Indian Constitution mentions three sorts of central government funds: the Consolidated Fund of India (Article 266), the Contingency Fund of India (Article 267), and the Public … great lakes freighter stewart j cortWebNov 26, 2024 · The Contingency Fund is the more of a cash form of capital reserve. Capital reserve of the central bank is the fund available with it to face any financial contingency. Liquidity emergencies like the Global Financial Crisis, IL&FS liquidity situation etc. points towards the strengthening of such a reserve to manage contingencies. great lakes freighters imageThe CGA is the Principal Accounting Adviser to the Government of India. The office is in the Department of Expenditure, Ministry of Finance, GOI. 1. CGA is responsible for establishing and maintaining a technically sound Management Accounting System. 2. It also prepares and submits the accounts of the Central … See more great lakes freighter tourWeb2 days ago · 1. To audit all expenditure from the Consolidated Fund of India and of each State and of each Union territory having a Legislative Assembly. 2. To audit all transactions of the Union and of the States relating to Contingency Funds and Public Accounts. 3. float leamington spaWebIndia's support for the United Nations Democracy Fund is a testament to the country's commitment to promoting democracy and human rights around the world. Through its financial contributions and technical assistance, India has played a critical role in supporting civil society organizations that work to promote democratic values and practices. great lakes freighters mapWebApr 13, 2024 · Daily Current AffairsCurrent Affairs DailyMonthly Current AffairsCurrent Affairs in HindiCurrent Affairs 2024Current Affairs MonthlyCurrent Affairs 2024 in H... great lakes freighter trip adventure raffleWebJan 10, 2024 · The fund can be increased through a Finance Bill when the Parliament is in the session. Or through Ordnance if the House is not in session and situation warrants. Withdrawal from the fund takes place with the approval of the Secretary of Department of Economic Affairs, in terms of the Contingency Fund of India Act, 1950. floatless