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]

Related MCQs

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