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Match List-I and List-II and choose the correct answer from the codes given below the lists :
List-I
A. Consolidated Fund of India
B. Finance Commission
C. Financial Emergency
D. Comptroller and Auditor General of India
List-II
1. Article 266
2. Article 360
3. Article 280
4. Article 148
Codes :
A B C D
Explanation
The correct matching of the constitutional provisions with their respective articles is as follows:
- Consolidated Fund of India (Article 266): This fund contains all revenues received by the Government of India, all loans raised by it, and all moneys received by it in repayment of loans.
- Finance Commission (Article 280): This is a quasi-judicial body constituted by the President of India every five years to recommend the distribution of tax proceeds between the Union and the States.
- Financial Emergency (Article 360): This article empowers the President to declare a Financial Emergency if the financial stability or credit of India is threatened.
- Comptroller and Auditor General of India (Article 148): The CAG is an independent authority responsible for auditing the accounts of the Union and State governments.
Matching these results in the sequence A-1, B-3, C-2, and D-4, which corresponds to option C.
SIMILAR QUESTIONS
Match List - I with List - II and choose the correct answer using the code given below the lists.
List - I (Finance Commission)
A. Eleventh
B. Twelfth
C. Thirteenth
D. Fourteenth
List - II (Chairman)
1. Dr. C. Rangarajan
2. Dr. Y. V. Reddy
3. Prof. A. M. Khusro
4. Dr. Vijay L. Kelkar
Code :
A B C D