Union Government Quiz - Advanced Level (35 Questions)

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Polity


1.  

What is the difference between ‘vote-on account’ and ‘interim budget’?

I. The provision of a vote-on-account is used by a regular government, while interim budget is provision used by a caretaker government.

II. A vote-on-account only deals with the expenditure in government’s budget while an interim budget include both expenditure and receipts


Which of the following statement (s) given above are correct?