Questions

Sandalwood is largely found in India and they are government owned and their harvest is controlled.

Naturally grown sandalwood can be easily found in Karnataka, Tamilnadu, Andhra, Kerala, Gujarat, Madhya Pradesh, and U.P. Manipura and in some other states of India.

The Contingency Fund of India was constituted in 1950, by an act of parliament (Article 267). The Fund has been placed at the disposal of the president, who can make advances out of the Fund to meet unforeseen expenditure. The expenses must be subsequently authorised by Union Parliament (Articles 115, 116) and recovered through additional, supplementary or excess grants.

Indian Oil Corp (IOC) has overtaken Oil and Natural Gas Corp (ONGC) to become India’s most profitable state-owned company. IOC, which has for decades been India’s biggest company by turnover, posted a 70 per cent jump in net profit to Rs 19,106.40 crore in the financial year ended March 31, 2017.

Ang Dorjee

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