Can you explain the concept of Consolidated Fund of the State?
The Consolidated Fund of the State is a fund into which all revenues raised and received by the government of a state, except certain specific amounts, are credited. It represents the main account for the state's financial transactions, and it is used to pay for various expenses and functions of the state government. No money can be drawn from this fund without the appropriation made by the legislature through an act. This ensures transparency and accountability in the management of public funds at the state level.