Which of the following is used to service all operations of government?
FINANCIAL
JAMB 2017
Which of the following is used to service all operations of government?
- A. Consolidated Revenue Fund
- B. Consolidated Reserve Fund
- C. Special Operational Fund
- D. General-Reserve Fund
Correct Answer: A. Consolidated Revenue Fund
Explanation
consolidation revenue fund generate its revenue through allocation from the federation account, court fees and fines etc and is used to finance government operation e g cost, overhead
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