Back to feeds

Hiral Jain

Stealth • 1m

Budget-3 CONTINGENCY FUND OF INDIA This Acc is used for uncertainty like natural calamities, each state has a right to use this Acc without any permission from the president if any contingency occurs in their state later they have to present to the parliament how and where they spend the money later the money spent is again transferred from the consolidated fund of India to contingency fund so that a minimum fixed amount is always present. Ex: we had 100cr in the contingency fund and 1000cr in the consolidated fund sadly state A suffered from floods they used 20cr from contingency fund, now the current balance of the contingency fund would be 80cr so 20 cr is transferred from the consolidated fund to the contingency fund. PUBLIC ACCOUNT a public account is used in relation to all the fund flows where the government is acting as a banker. Ex:Provident Funds and Small Savings. This money does not belong to government but is to be returned to the depositor. (check out the next post)

3 replies8 likes
Replies (3)

More like this

Recommendations from Medial

Image Description

Hiral Jain

Stealth • 1m

Budget-2 After these consultations, our finance minister sets off for the budget speech, For people who have never watched an annual budget speech (like me) It is divided into two parts, In brief, Part A the budget estimates for the next financial

See More
1 replies7 likes
1
Image Description
Image Description

Ronak Patel

Stealth • 23d

💸25 Basic terms you should know before watching Budget 2025 on Feb 1 Finance Minister Nirmala Sitharaman is preparing to present the Union Budget 2025, marking the second full budget of Prime Minister Narendra Modi’s government in its third term, a

See More
4 replies52 likes
44
Image Description

Saurav Ghosh

Stealth • 2m

how can indian middle class save themshelves from heavy taxes on all frontsv. this money is used to fund non sense welfare schemes and secure votes banks

1 replies4 likes
1
Image Description

pankaj kumar

Stealth • 1m

I am Pankaj from Bihar living in Delhi. I want to start multi state credit co operative society in Delhi. I am looking for little fund.

1 replies1 like
Image Description
Image Description

Vanshika

Stealth • 8m

Do you remember when Uber used to have Uber Pool? Why was the feature removed? It used to be so economical. There's no succesful car pool app present in India rn.

14 replies14 likes
3
Image Description
Image Description

Yasir Alam

Stealth • 10m

Question: What is the output of the following Kotlin code snippet? fun main() { val list = mutableListOf(1, 2, 3, 4, 5) val result = list.fold(5) { acc, num -> acc * num } println(result) }

4 replies5 likes
Image Description
Image Description

Aryan Gupta

Stealth • 3m

Are their any AI softwares present which are used by clothing industry for verifying the quality of clothes ?

2 replies6 likes
Image Description

Nadeem

Stealth • 2m

Anyone here who have there expertise in "FLY ASH ACC BRICK" i was planning to invest and build Acc brick factory and i do have some doubt, If anyone here with the experience of acc factory please let me know.

2 replies
Image Description
Image Description

Sara Mirgal

Stealth • 9m

Which career option is better bsc radiology or bsc bioinformatics?? Acc to scope and salary

4 replies4 likes

Mahendra Lochhab

Stealth • 13d

Ola Electric reported consolidated loss of ₹564 crore for the Q3Fy25 as compared to ₹376 crore posted in the year-ago period. The company's revenue from operations stood at ₹1,045 crore, down from ₹1,296 crore reported in the corresponding quarter of

See More
0 replies5 likes

Download the medial app to read full posts, comements and news.