All money received by or on behalf of the Government of India are credited to :

Question

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All money received by or on behalf of the Government of India are credited either to the Consolidated Fund of India or the Public Account of India, depending on the nature of the funds. The Consolidated Fund is the main account of the government, while the Public Account holds funds that are not part of the Consolidated Fund but need to be held in trust. The Contingency Fund is a specific fund used for unforeseen expenditures and does not serve as a primary account for crediting government receipts.

All Money Received by or on Behalf of the Government