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SSC MTS 2024 PYQ — Question 48

SSC MTS - 09/10/2024 - (9:00 AM - 11:00 AM) • General Awareness • Q48

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Which of the followings is NOT one of the government accounts of India?

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Correct answer: B

Explanation

The correct answer is  option 2  i.e.  General Provident Fund.

The General Provident Fund (GPF) is not one of the three government accounts of India. It is a savings scheme for government employees, not a government account used for managing public finances.

The three main government accounts of India are:

  1. Consolidated Fund of India – the chief account for all government revenues and expenditures.

  2. Contingency Fund of India – used for emergencies or unforeseen expenditures.

  3. Public Account of India – holds funds where the government acts as a trustee (e.g., provident funds, small savings).