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-an-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?(a) 1 only(b) 2 only(c) Both land 2(d) Neither 1 or 2

Answer 1

the correct answer is c