Civics

Salaries of Supreme Court judges are drawn from ________.


ANSWER

Consolidated Fund of India


SOLUTION
This is the chief account of the Government of India. The inflow to this fund is by way of taxes like Income Tax, Central Excise, Customs and also non-tax revenues which arise to the government in connection with the conduct of its business. Loans raised by issue of treasury bills are also received in this fund. The government meets all its expenditure including loan repayments from this fund. No amount can be withdrawn from the fund without the authorisation from the Parliament. This fund is formed under the provision of Aricle 266 (1) of the Indian Constitution.
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Single Correct Medium Published on 15th 09, 2020
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