Q. Match List-I with 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) 1 3 2 4
b) 4 1 3 2
c) 1 2 3 4
d) 1 2 4 3
Question from UPPSC Prelims 2024
Correct Answer: a) 1 3 2 4
Explanation:
1. Consolidated Fund of India:
– The Consolidated Fund of India is mentioned in Article 266 of the Indian Constitution. It is the fund to which all revenues received by the Government of India are credited.
2. Finance Commission:
– The Finance Commission is established under Article 280 of the Indian Constitution. It is responsible for recommending the distribution of financial resources between the Union and the States.
3. Financial Emergency:
– Financial Emergency is covered under Article 360 of the Indian Constitution. It allows the President to declare a financial emergency if the financial stability of India is threatened.
4. Comptroller and Auditor General of India (CAG):
– The CAG is mentioned in Article 148 of the Indian Constitution. The CAG audits the accounts of the Union and State governments.
Correct Code: a) 1 3 2 4
