Q.

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» B. 2 only
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