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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: