Question Details

Detailed explanation and options for the selected question.

What is the difference between a “vote-on-account” and an “interim budget” in India?

A. Vote-on-account is used by a regular Government while an interim budget is used by a caretaker Government
B. Vote-on-account only deals with expenditure while an interim budget includes both expenditure and receipts
C. Both 1 and 2
D. Neither 1 nor 2

Explanation: