The list of the charged expenditure is: Emoluments and allowances of the President and other expenditure relating to his office. Salaries and allowances of the Chairman and the Deputy Chairman of the Rajya Sabha and the Speaker and the Deputy Speaker of the Lok Sabha.
Which one of the following expenditure is not charged on the Consolidated Fund of India?
Correct Option: D
Salary and allowances of the speakers of the Lok Sabha is not charged on the consolidated fund of India.
What comes under Consolidated Fund of India?
Constituted under Article 266(1) of the Indian Constitution, the Consolidated Fund of India is the account of the revenue the Government of India receives — via income tax, Customs, central excise and the non-tax revenue — and the expenses it makes, excluding exceptional items.
What is charged expenditure?
Charged expenditure includes the emoluments of the President and the salaries and allowances of the Chairman and Deputy Chairman of Rajya Sabha and the Speaker and Deputy Speaker of Lok Sabha, Judges of Supreme Court, Comptroller and Auditor General of India and certain other items specified in the Constitution of …
Is CVC salary charged on Consolidated Fund of India?
The expenses of the Commission, including any salaries, allowances and pensions payable to or in respect of the Central Vigilance Commissioner, the Vigilance Commissioners, Secretary and the staff of the Commission, shall be charged on the Consolidated Fund of India.
Which of the following is not charged answer?
Answer: Battery is not charged!!!
For which purpose is the finance commission appointed?
The Finance Commission is constituted by the President under article 280 of the Constitution, mainly to give its recommendations on distribution of tax revenues between the Union and the States and amongst the States themselves.
What is meant by the Consolidated Fund of India Name any two expenditures charged on the Consolidated Fund of India?
Two expenses charged to it are: Salary and Allowances of the President, Speaker / Deputy Speaker of Lok Sabha, Chairman/ Deputy Chairman of Rajya Sabha, Salaries and Allowances of Supreme Court judges, Pensions of Supreme Court as well as High Court Judges, Salaries and Allowances of CAG, Lok Pal.
What is Consolidated Fund of India and Contingency Fund of India?
The consolidated Fund has further been divided into ‘Revenue’ and ‘Capital’ divisions. All other moneys received by or on behalf of Government are credited to the Public Account. Contingency Fund enables the Government to meet unforeseen expenditure, which cannot wait approval of the Parliament.
What are the three types of government funds?
There are three major groups of government funds. These groups are governmental, proprietary, and fiduciary.
What is Consolidated Fund of India UPSC?
Consolidated Fund of India
It was constituted under Article 266 (1) of the Constitution of India. It is made up of: All revenues received by the Centre by way of taxes (Income Tax, Central Excise, Customs and other receipts) and all non-tax revenues.
What is Federal Consolidated Fund?
Federal Consolidated Fund means the consolidated fund of which all revenues received and all loans raised by the Federal Government, and all moneys received by the Federal Government in repayment of any loan, form part.
What is difference between charged and voted expenditure?
Charged expenditure – the amounts required to meet expenditure charged upon the Consolidated Fund of India & 2. Voted expenditure – the amounts required to meet other expenditure proposed to be made from the Consolidated Fund of India.
Who gives salary to Prime Minister of India?
Compensation and benefits. Article 75 of the Constitution of India confers the Parliament with the power to decide the remuneration and other benefits of the prime minister and other ministers are to be decided by the Parliament.
How is Central Vigilance Commission removed?
(1) Subject to the provisions of sub-section (3), the Central Vigilance Commissioner or any Vigilance Commissioner shall be removed from his office only by order of the President on the ground of proved misbehaviour or incapacity after the Supreme Court, on a reference made to it by the President, has, on inquiry, …
Who is the 1st CVC of India?
Nittoor Srinivasa Rau was selected as the first Chief Vigilance Commissioner of India.