Since April 1, 2002 the entire net collections under the small saving schemes are transferred to States/Union Territories in India. This has been referred to as a loan from which among the following accounts?

[A] Consolidated Fund of India
[B] Consolidated Funds of States
[C] Public Account of India
[D] None of them

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This question is part of UPSC Prelims Practice and Mock Tests membership programme.

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