⚖️ Polity & GovernanceUPSC 2011Salient Features of RPA

The authorization for the withdrawal of funds from the Consolidated Fund of India must come from:

aThe President of India
bThe Parliament of India
cThe Prime Minister of India
dThe Union Finance Minister
✓ Correct answer: b) The Parliament of India
ExplanationArticle 266 further says, No money out of this fund can be issued except in accordance with a parliamentary law.Thus, the authorization for the withdrawal of funds from the Consolidated Fund of India must come from the Parliament of India.Article 266 states that all receipts are credited to the Consolidated fund of India, and all payments are debited from it.All the legally authorised payments on behalf of the Government of India are made out of this fund 112

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