Question
Who is authorized to approve the withdrawal of funds
from the Consolidated Fund of India?Solution
The authority to approve any withdrawal of funds from the Consolidated Fund of India lies with the Parliament. This is stipulated under Article 114 of the Indian Constitution, which mandates parliamentary approval for all expenditures from this fund.
Which accounting concept assumes that a business will continue operating into the foreseeable future?
Which of the following is the Highest Body in India with respect to Direct Taxes?
Which committee recommended the establishment of RRBs?
Which of the following is/are correct regarding Capital Conservation Buffer?
I It is required when there is excess growth in bank’s credit ...
Bank credit to NBFCs (including HFCs) for on-lending will be allowed up to what limit of an individual bank’s total priority sector lending in case of...
Which funding source is most likely to be used in the Late Stage (Pre-IPO) of the funding lifecycle?
The Reserve Bank of India (RBI) has proposed to extend the term-liquidity facility of Rs 50,000 crore offered to emergency health services till ……�...
What type of risk does the Liquidity Coverage Ratio (LCR) aim to address under Basel III?
Which of the following is a key risk associated with forward contracts?
Which of the following statements is incorrect regarding India's pension sector reforms?
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