Question
Contingency Fund is placed at the disposal of ____________
Solution
Occasions may arise when the government may have to meet urgent unforeseen expenditure pending authorisation from the Parliament. The Contingency Fund is an placed at the disposal of the President to incur such expenditure. Parliamentary approval for such expenditure and for withdrawal of an equivalent amount from the Consolidated Fund is subsequently obtained and the amount spent from the Contingency Fund is subsequently recouped to the Fund.
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