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 'interim budget' is a provision used by a caretaker Government. |
2. A 'vote-on-account' only deals with the expenditure Government's budget while an 'interim budget' includes be expenditure and receipts. |
Which of the statement(s) given above is/are correct? |
A) Only 1
B) Only 2
C) Both 1 and 2
D) Neither 1 nor 2
Correct Answer: C
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