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. Which of the following will constitute Consolidated Fund
of India
(1) All revenues received by the Government of India
(2) All loans raised by the Government of India
(3) Other public money
(4) None of these
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Answer Posted / rakesh
(2) All loans raised by the Government of India
Explaination :
all loans raised by Government by issue of Public notifications, treasury bills (internal debt) and loans obtained from foreign governments and international monetary institutions (external debt) and all moneys received by Government in repayment of loans and interest thereon are also credited into this Fund.
| Is This Answer Correct ? | 2 Yes | 5 No |
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