The `Contingency Fund' of the state is operated by - (1) The Governor of the state (2) The Chief Minister of the state (3) The State Finance Minister (4) None of the above
(1) The Governor of the state Explanation: Contingency Fund of each State Government is established under Article 267(2) of the Constitution — this is in the nature of an imprest placed at the disposal of the Governor to enable him/her to make advances to meet urgent unforeseen expenditure, pending authorization by the State Legislature.