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1. |
What is the difference between "vote-on-account" and "interim budget"? 1. The provision ofa "vote-on-account" is used by a regular Government, while an "interim budget" is a provision used by a caretaker Government. 2. A "vote-on-account" only deals with the expenditure in Government's budget, while an "interim budget" includes both expenditure and receipts. Which of the statements given above is/are correct? [CSAT 2011] |
A. | 1 only |
B. | 2 only |
C. | Both 1 and 2 |
D. | Neither 1 nor 2 |
Answer» C. Both 1 and 2 | |