Consolidated

Consolidated Fund of India

The Consolidated Fund of India is a fund into which all revenues received by the Government of India, except those assigned to specific funds, are credited. It is also the fund from which all expenditure of the Government of India is met. The Consolidated Fund of India is managed by the Ministry of Finance. The … Read more

Difference between Money bill and Financial bill

Difference between Money bill and Financial bill A money bill is a bill that deals with the raising or spending of public money. A financial bill is a bill that deals with the borrowing of money by the government. The main difference between a money bill and a financial bill is that a money bill … Read more