Select the correct statements related to Funds of the Commission in the UGC Act. All money belonging to the fund shall be deposited in such banks or invested in such manner as may, subject to the approval of the Central Government ,be decided by the Commission The commission may spend such sums as it thinks fit for performing its functions under this Act, and such sums shall be treated as expenditure payable out of the fund of the Commission

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Select the correct statements related to Funds of the Commission in the UGC Act.

All money belonging to the fund shall be deposited in such banks or invested in such manner as may, subject to the approval of the Central Government ,be decided by the Commission
The commission may spend such sums as it thinks fit for performing its functions under this Act, and such sums shall be treated as expenditure payable out of the fund of the Commission

ANone of these

B2 only correct

C1 only correct

DAll are correct

Answer:

Funds of the Commission- Section 16

Related Questions:

Which of the following steps does NKC recommend for revitalization of knowledge generation and application in agriculture?

Improve the organization of agricultural research
Direct more research to neglected areas
Both panchayats and community based organizations should be treated as platforms for delivery of an integrated range of services
Provide more effective incentives for researchers

Choose the correct one from the following statements;

Kothari Commission is also known as National Educations Commission-1964
This Education Commission was appointed by the Government of India by a Resolution dated on 1964 July 14
Kothari Commission was formed under the chairmanship of Dr. Daulat Singh Kothari