Correct option is B
The correct answer is: (b) Consolidated Fund of India
Explanation:
- As per Section 47 of the Competition Act, 2002, all sums realised by way of penalties and recovery of legal costs by the Competition Commission of India under this Act are credited to the Consolidated Fund of India.
- This ensures that the penalties collected do not remain with the Commission but are instead transferred to the central government’s main fund, from which all government expenditures are made.