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's budget, while an "interim budget" includes both expenditure and receipts. Which of the statements; given above is/ are correct?

General knowledge(GK) - Online Exam Test Papers | General knowledge(GK) - MCQs[multiple choice questions and answers ] | General knowledge(GK) - Mock Test Papers | General knowledge(GK) - Practice Papers | General knowledge(GK) - Sample Test Papers |

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's budget, while an "interim budget" includes both expenditure and receipts.
Which of the statements; given above is/ are correct?

1.1 only

2.2 only

3.Both 1 and 2

4.Neither 1 nor 2

Posted Date:-2022-01-29 10:10:39


More MCQS Questions and answers

Search
R4R Team
R4Rin Top Tutorials are Core Java,Hibernate ,Spring,Sturts.The content on R4R.in website is done by expert team not only with the help of books but along with the strong professional knowledge in all context like coding,designing, marketing,etc!