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Q73 (IAS/2010) Economy › Government Finance & Budget › Government Finance & Budget

With reference to the National Investment fund to which the disinvestment proceeds are routed, consider the following statements: 1. The assets in the National Investment Fund are managed by the Union Ministry of Finance 2. The national investment fund is to be maintained within the Consolidated Fund of India 3. Certain Asset Management companies are appointed as the fund managers 4. A certain proportion of annual income is used for financing select social sectors Which of the statements given above is/are correct?

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SIMILAR QUESTIONS

IAS · 2015 · Q60 Relevance score: 2.94

With reference to the Union Government, consider the following statements : 1. The Department of Revenue is responsible for the preparation of Union Budget that is presented to the Parliament. 2. No amount can be withdrawn from the Consolidated Fund of India without the authorization from the Parliament of India. 3. All the disbursements made from Public Account also need the authorization from the Parliament of India. Which of the statements given above is/are correct?

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