DocMCQs Educational Banner

Sale proceeds from seized commodities are kept in:

Question: Sale proceeds from seized commodities are kept in:
  • A. National Bank only
  • B. Profit-bearing account in any Scheduled Bank empowered to receive Government dues βœ“
  • C. Private bank account
  • D. Treasury only
Correct Answer: B. Profit-bearing account in any Scheduled Bank empowered to receive Government dues
Explanation: Ensures funds are secured and can accrue interest until final disposal.

Leave a Comment

Your email address will not be published. Required fields are marked *

Join Our WhatsApp Channel ×
Scroll to Top