The authorization for the withdrawal of funds form the Consolidated Fund of India must come form _______________.

The President of India

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The Parliament of India

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The Prime Minister of India

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THe Union Finance Minister

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Solution

The correct option is B The Parliament of India
Consolidated Fund of India is formed under the Constitution. The taxes received by government including central tax, income tax, excise tax and certain non tax revenues are credited in Consolidated Fund. All expenditures of the Govt. are incurred from this fund. Authority of Parliament is required for withdrawing any amount from this fund.

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