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 the Government’s Budget, while an “interim budget” includes both expenditure and receipts. Which of the statements given above is/are correct?Solution
Statement 1 is not correct : The Constitution has authorized the Lok Sabha to make any grant in advance in respect to the estimated expenditure for a part of the financial year, pending the completion of the voting of the demands for grants and the enactment of the Appropriation Bill. This provision is known as the ‘vote on account’. Statement 2 is correct : A “Vote-on-account” deals only with expenditure while interim budget both revenue and expenditure.
I’m (great) to be able to really do what I love.
- In the following questions, some part of the sentence is given in bold. Which of the options given below the sentence should replace the bold part to make ...
In the following question, one part of the sentence is being bold. Below are given options suggesting replacements to the bold part, which may improve ...
Any countries said they had reached an agreement on a transition from the existing Indian equalisation levy on digital services as part of the new mul...
There have been reports that most of the 300 persons who were witness to the incident has fled village to avoid questioning.
In the question below, three sentences are given with a part highlighted in bold. From the options, choose the phrase that can replace the highlighted...
Certainly,this is a problem we had been talking to for three to four years.
In the following sentences, an idiom or idiomatic phrase is given in bold. You need to determine whether the given idiom is correctly used in the conte...
Since then, these companies have become big business, with no government having the courage to tip their wings .
With this town as a base, people also engage in active holidays which includes mountain biking, rock climbing and ski jumping.
Relevant for Exams:
