Q. Which of the following fund/s comes under the purview of “Article 266”?
1.Consolidated Fund of India
2.Public Account of India
3.Contingency Fund of India
Choose the correct answer from below given codes:

[A] 1 only

[B] 1 and 2 only

[C] 2 and 3 only

[D] 1, 2 and 3

Answer: B

Explanation: The Constitution of India provides for the following three kinds of funds for the Central government:

  • Consolidated Fund of India (Article 266)
  • Public Account of India (Article 266)
  • Contingency Fund of India (Article 267)

Source: Laxmikanth Polity