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SSC MTS 2024 PYQ — Question 65

SSC MTS - 28/10/2024 - (4:00 PM - 5:30 PM) • English • Q65

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Which of the following is NOT a feature of the contingency fund of India?

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Correct answer: B

Explanation

The correct answer is option 2 i.e. Allowances and emoluments of the President are charged under it. 

The statement “Allowances and emoluments of the President are charged under it” is not a feature of the Contingency Fund of India. The Contingency Fund is meant for emergencies and unforeseen expenditures, established under Article 267. It is placed at the disposal of the President of India, and advances from it are later recouped from the Consolidated Fund of India.

Other options explained:

  • It is established under Article 267: Correct, this Article provides the legal basis for the fund.

  • It is issued on behalf of the President of India: Correct, expenditures are made in the President’s name.

  • It is for emergencies: Correct, the fund is specifically for urgent or unforeseen expenditures.