What is the difference between 'vote-on-account' and 'interim budget'? 1. The provision of a '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?

Question:
What is the difference between 'vote-on-account' and 'interim budget'?
1. The provision of a '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?

1.1 only

2.2 only

3.Both 1 and 2

4.Neither 1 nor 2

Posted Date:-2022-01-29 10:10:39


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