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Money received by the Government under the State Provident Funds are credited to the
  • a)
    Consolidated Fund
  • b)
    Contingency Fund
  • c)
    Public Account
  • d)
    Treasury
Correct answer is option 'C'. Can you explain this answer?
Verified Answer
Money received by the Government under the State Provident Funds are c...
Public Account
The Public Account is constituted under Article 266 (2) of the Constitution. All other public moneys (other than those covered under Consolidated Fund of India) received by or on behalf of the Government of India are credited to the public account of India.
 
The transactions under Debt, Deposits and Advances in this part are those in respect of which Government incurs a liability to repay the money received or has a claim to recover the amounts paid. The receipts under Public Account do not constitute normal receipts of Government. Parliamentary authorization for payments from the Public Account is therefore not required.
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Most Upvoted Answer
Money received by the Government under the State Provident Funds are c...
The Appointment Committee of the Central Vigilance Commissioner
The appointment of the Central Vigilance Commissioner (CVC) is a significant process in India, aimed at ensuring the integrity and efficiency of the central government's vigilance administration.
Composition of the Appointment Committee
The Appointment Committee for CVC consists of:
- Prime Minister
- Union Minister of Home Affairs
- Leader of Opposition in the Lok Sabha
These members play crucial roles in ensuring that the chosen candidate for the CVC is competent and unbiased.
Exclusion of the Chief Justice of India
The reason the Chief Justice of India does not form part of this committee is:
- Separation of Powers: The appointment of the CVC is an executive function, while the judiciary operates independently. Including the Chief Justice could blur the lines between the executive and judicial branches of government.
- Judicial Independence: The judiciary maintains its independence from political influences, and involving the Chief Justice in such appointments could lead to perceptions of bias or compromise the judiciary's role.
- Existing Oversight Mechanisms: The appointment process is already subject to checks and balances through parliamentary oversight, which mitigates the need for judicial involvement.
Conclusion
In summary, the Chief Justice of India is not part of the Appointment Committee for the Central Vigilance Commissioner due to the need for maintaining the independence of the judiciary and the separation of powers among the branches of government. This structure helps ensure that the CVC is appointed based on merit and without undue influence.
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Money received by the Government under the State Provident Funds are credited to thea)Consolidated Fundb)Contingency Fundc)Public Accountd)TreasuryCorrect answer is option 'C'. Can you explain this answer?
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