Question

Amount of capital utilised at the time of contingencies is called

Answer 1

Contingency Fund  

is the answer.......

Answer 2

Amount of capital utilized at the time of contingencies is called Contigency Fund.

Contigency Fund is used by the governments or the companies to meet the unforeseen circumstances, economic crises or losses in business. During such circumstances, the contigency fund is ready and needs no immediate approval to address the crises.