The President can advance money to meet unforeseen expenses from the

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Q: (SSC/0)
The President can advance money to meet unforeseen expenses from the

question_subject: 

Polity

question_exam: 

SSC

stats: 

0,58,18,17,1,0,58

keywords: 

{'contingency fund': [1, 0, 1, 0], 'grants': [2, 0, 1, 0], 'consolidated fund': [1, 0, 0, 3], 'unforeseen expenses': [1, 0, 0, 0], 'money': [2, 0, 2, 10], 'union government': [2, 0, 2, 1], 'central government': [1, 0, 0, 1], 'president': [4, 0, 2, 1]}

The correct answer is option 4, Contingency Fund. The Contingency Fund is a reserve fund established by the President of India to meet any unforeseen or emergency expenses that may arise. It is not a part of the Consolidated Fund of India, which is the main fund of the central government where all revenues, loans, and public account receipts are deposited. Grants of the Central Government refer to allocations or funds provided by the central government to various departments or institutions for specific purposes. Aid from the Union Government refers to financial assistance provided by the central government to the states. Therefore, the President cannot advance money from these funds to meet unforeseen expenses. It is important to note that the Contingency Fund is a separate fund specifically meant for emergency expenses.

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