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Financial Terms

Consolidated Fund of India

The Consolidated Fund of India serves as a central repository for all government revenues, including interest earned and borrowed funds. It is the primary source of funding for all government expenses, with the exception of the Contingency Fund and Public Account. Essentially, it is the backbone of India's financial system, ensuring that all government expenditures are accounted for and managed effectively.
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A comprehensive resource containing definitions and explanations of terms, concepts, and jargon used
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