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Mix Topics - Part 2

A Sports Fund is established from a contribution that explicitly prohibits use for prizes The Principal uses ₹10,000 fro...

Type: MCQ • Marks: 1
A Sports Fund is established from a contribution that explicitly prohibits use for prizes The Principal uses ₹10,000 from it for trophies
Options
A. Automatically permissible because trophies promote sports
B. Irregular unless the restriction is lawfully modified by competent authority
C. Mandatory
D. Not subject to audit
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UPSC Principal & Vice Principal Management Finance Administration

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