Indian Economy · Prelims 2011 Q4
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 prov…
Stem and options.
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?
Source: UPSC Civil Services Preliminary Examination 2011. Syllabus tags and explanation are GyanGram editorial joins for learning—not official UPSC metadata.
Correct option B
• Correct Answer: B
• Vote-on-account deals only with expenditure (grant-in-advance), while an interim budget covers both receipts and expenditure.
• Both regular and caretaker governments can use either provision.
Where this sits in Learn.
Unit
Budget & Survey
ECO-U16Chapter
Budget Reading
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