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

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 budget, while an "interim budget" includes both expenditure and receipts.
Select the correct answer using the code given below:

Accepted Answer

(B) 2 only

Answer

(A) 1 only

Answer

(C) Both 1 and 2

Answer

(D) Neither 1 nor 2