What is the difference between Approval on Account and Interim Budget? 1. The permanent government uses the provision of approval on account, while the caretaker government uses the provision of interim budget. 2. Approval on account is related only to the expenditure side of the budget of the government, whereas both expenditure and receipt are included in the interim budget. Which of the above statement(s) is/are correct?

• A. only 1
• B. only 2
• C. 1 and 2
• D. neither 1 nor 2