APPSC Group-II Screening Test 2019 · Question 68

Question 68 of the APPSC Group-II Screening Test 2019 (5 May 2019). Try it first, then open the answer and explanation.

1. Screening 2019 · Q68 · Economy (India & AP) · Public Finance & Taxation

   All revenues received by the Union Government by way of taxes and other receipts for the conduct of Government business are credited to

   కేంద్ర ప్రభుత్వానికి పన్నులు, ఇతర రెసిప్టులద్వారా వచ్చేఆదాయాన్ని అంతటినీ ప్రభుత్వ బిసినెస్ కు సంబంధించినదంతా ___లో జమచేయబడుతుంది.

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   Answer: The Consolidated Fund of India

   సమాధానం: భారత ఏకీకృత ఫండ్

   Under Article 266(1), all revenues, loans raised and loan repayments received go into the Consolidated Fund of India. No money leaves it without Parliament's approval.

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