| Which one of the following are financial powers of State Council of Ministers? |
| I. Formulating the budget proposals and presenting the same to the State Legislature for approval |
| II. All proposals for taxation comes forth from me Council of Ministers |
| III. Regulation of the Contingency Fund of the State and advancing money out of it to meet the unforeseen contingencies |
A) I
B) I, III
C) I, II
D) I, II, III
Correct Answer: C
Solution :
[c] Article 267 says the Contingency Fund of the State shall be placed at the disposal of the Governor of the State to enable advances to be made by him out of such Fund for the purposes of meeting unforeseen expenditure pending authorisation of such expenditure by the Legislature of the State by law under article 205 or article 206.
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