Indian Economy

Which statement about Contingency Fund is correct?

A A tax account
B A bank reserve
C a fund used for urgent unforeseen expenditure pending legislative authorisation
D A trade account

What is the correct description of Appropriation Act?

A A monetary policy law
B An election law
C an Act authorising withdrawal from the Consolidated Fund for specified expenditure
D A tax law only

Which of the following is most closely associated with Appropriation Act?

A an Act authorising withdrawal from the Consolidated Fund for specified expenditure
B A monetary policy law
C An election law
D A tax law only

In Indian economic terminology, Appropriation Act refers to:

A an Act authorising withdrawal from the Consolidated Fund for specified expenditure
B A monetary policy law
C A tax law only
D An election law

Which statement about Appropriation Act is correct?

A A monetary policy law
B An election law
C A tax law only
D an Act authorising withdrawal from the Consolidated Fund for specified expenditure

What is the correct description of Finance Bill?

A a bill containing taxation and related financial proposals
B A judicial order
C An election schedule
D A banking licence

Which of the following is most closely associated with Finance Bill?

A A banking licence
B An election schedule
C a bill containing taxation and related financial proposals
D A judicial order

In Indian economic terminology, Finance Bill refers to:

A A banking licence
B A judicial order
C An election schedule
D a bill containing taxation and related financial proposals

Which statement about Finance Bill is correct?

A An election schedule
B A banking licence
C A judicial order
D a bill containing taxation and related financial proposals

What is the correct description of Vote on Account?

A A tax refund
B Permanent budget approval
C authority to meet expenditure for a limited period before full budget approval
D A monetary policy tool

Which of the following is most closely associated with Vote on Account?

A Permanent budget approval
B A monetary policy tool
C authority to meet expenditure for a limited period before full budget approval
D A tax refund

In Indian economic terminology, Vote on Account refers to:

A A tax refund
B A monetary policy tool
C authority to meet expenditure for a limited period before full budget approval
D Permanent budget approval

Which statement about Vote on Account is correct?

A A monetary policy tool
B Permanent budget approval
C A tax refund
D authority to meet expenditure for a limited period before full budget approval

What is the correct description of Supplementary grant?

A A revenue receipt
B A bank loan
C additional parliamentary authorisation when existing provision is insufficient
D A tax rebate

Which of the following is most closely associated with Supplementary grant?

A A revenue receipt
B A bank loan
C additional parliamentary authorisation when existing provision is insufficient
D A tax rebate

In Indian economic terminology, Supplementary grant refers to:

A A revenue receipt
B additional parliamentary authorisation when existing provision is insufficient
C A tax rebate
D A bank loan

Which statement about Supplementary grant is correct?

A A tax rebate
B A revenue receipt
C A bank loan
D additional parliamentary authorisation when existing provision is insufficient

What is the correct description of CAG?

A Central Agriculture Governor
B Comptroller and Auditor General of India
C Chief Accounts Government
D Controller of Agricultural Grants

Which of the following is most closely associated with CAG?

A Comptroller and Auditor General of India
B Central Agriculture Governor
C Chief Accounts Government
D Controller of Agricultural Grants

In Indian economic terminology, CAG refers to:

A Central Agriculture Governor
B Controller of Agricultural Grants
C Comptroller and Auditor General of India
D Chief Accounts Government

Which statement about CAG is correct?

A Central Agriculture Governor
B Chief Accounts Government
C Controller of Agricultural Grants
D Comptroller and Auditor General of India

What is the correct description of Public Accounts Committee?

A A tax authority
B A monetary policy committee
C A banking regulator
D a parliamentary committee that examines CAG reports and public expenditure

Which of the following is most closely associated with Public Accounts Committee?

A A banking regulator
B a parliamentary committee that examines CAG reports and public expenditure
C A tax authority
D A monetary policy committee

In Indian economic terminology, Public Accounts Committee refers to:

A A monetary policy committee
B a parliamentary committee that examines CAG reports and public expenditure
C A tax authority
D A banking regulator

Which statement about Public Accounts Committee is correct?

A A banking regulator
B A tax authority
C A monetary policy committee
D a parliamentary committee that examines CAG reports and public expenditure