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The use of funds received from students is:

A. Deposited in Govt. treasure
B. Spent on students only
C. Spent on institution only
D. Spent on students and institution
Correct Answer: D. Spent on students and institution

Funds received from students are utilized for both the benefit of the students themselves and the overall operational and developmental needs of the institution. Therefore, spending on 'students and institution' is the correct and comprehensive use.

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