Economics · General Financial Rules
Rule 16(1) of the General Financial Rules, 2017 states that fines imposed must be:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Retained by the imposing authority
- 2Collected only by Judiciary
- 3Realized, checked, and deposited in Treasury/Bank✓
- 4Deposited in departmental custody
Correct answer
Realized, checked, and deposited in Treasury/Bank
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