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 and deals only with expenditure while an interim budget covers both expenditure and receipts
B. Vote-on-account deals only with expenditure
C. Interim budget covers only expenditure
D. There is no difference

Explanation: