Regarding the expenditure 'charged' upon the Consolidated Fund of India, consider the following statements: 1. Such expenditures are subject to the vote of Parliament. 2. Salaries and allowances of the Chairman and Deputy Chairman of the Rajya Sabha are charged upon this fund. 3. Debt charges for which the Government of India is liable are charged upon this fund. Which of the statements given above are correct?

Explanation

Under Article 266 of the Constitution, all revenues received by the Government of India are deposited into the Consolidated Fund of India. Expenditures 'charged' upon this fund are not submitted to the vote of Parliament; they can only be discussed in the House. Thus, Statement 1 is incorrect. This charged expenditure includes the emoluments and allowances of the President, salaries and allowances of the Chairman and Deputy Chairman of Rajya Sabha, Speaker and Deputy Speaker of Lok Sabha, and debt charges for which the GoI is liable (interest, sinking fund charges, etc.). Hence, Statements 2 and 3 are correct.