Which of the following statements is not correct?
The Legislature of a State may, by law, establish a Contingency Fund in the nature of imprest.
The Contingency Fund of the State shall be placed at the disposal of the Chief Minister of the State.
The fund shall be paid from time to time such sums as may be determined by such law.
The Contingency Fund is meant to enable advances to be made for the purpose of meeting unforeseen expenditure pending authorization of such expenditure by the Legislature.
Answer is Wrong!
Answer is Right!
This question was previously asked in
UPSC SO-Steno – 2017