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SSC Selection Post 2024 PYQ — Question 41

SSC Selection Post - Matriculation Level - 26 June 2024 - Shift 1 • General Awareness • Q41

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The entire salaries, allowances and pensions of the chairman and members of the Union Public Service Commission are charged on the ________.

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Correct answer: A

Explanation

The correct answer is Option 1 i.e. Consolidated fund of India.

  • The entire salary, allowances and pension of the Chairman and Members of the Union Public Service Commission are charged on the Consolidated Fund of India.
  • The Consolidated Fund of India is established under Article 266(1) of the Indian Constitution. It serves as the primary account from which all government expenses are drawn.
  • This fund encompasses all tax revenues collected by the central government, including income tax, customs duties, and excise taxes, as well as non-tax revenues generated by government operations. Additionally, it receives all loans raised by the government, whether through internal borrowing like treasury bills and public loans or external borrowing from foreign countries and international financial institutions.
  • Importantly, no money can be withdrawn from the Consolidated Fund unless it is approved by the Parliament, ensuring legislative oversight over public expenditure.