Difference between consolidated fund and contingency fund
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Explanation:
The total revenue received by government of India in form of taxes +Loans on Treasury bond/ loans from Banks. [Money from all other sources is transferred to Public accounts of India,similar to the consolidated fund it also requires parliament approval to spend these funds.
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★ The total revenue received by government of India in form of taxes +Loans on Treasury bond/ loans from Banks. [Money from all other sources is transferred to Public accounts of India,similar to the consolidated fund it also requires parliament approval to spend these funds.]
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