UPSC Exam > UPSC Questions > What is the difference between “vote-on...
Start Learning for Free
What is the difference between “vote-onaccount” 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 are budget, while an “interim budget’’ includes both expenditure and receipts.
Q. Which of the statements given above is/are correct?
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 are budget, while an “interim budget’’ includes both expenditure and receipts.
Q. Which of the statements given above is/are correct?
- a)1 only
- b)2 only
- c)Both 1 and 2
- d)Neither 1 nor 2
Correct answer is option 'B'. Can you explain this answer?
| FREE This question is part of | Download PDF Attempt this Test |
Most Upvoted Answer
What is the difference between “vote-onaccount” and interi...
A database and a spreadsheet?
A database is a collection of data that is organized in a specific way to allow for easy retrieval and manipulation of information. It is a software application that allows users to store, organize, and manage large amounts of data. Databases typically have multiple tables that are related to each other through primary and foreign keys. They also support advanced features such as data validation, security controls, and transaction processing.
A spreadsheet, on the other hand, is a tool for organizing and analyzing data in rows and columns. It is a software application that allows users to create tables, perform calculations, and analyze data. Spreadsheets are typically used for relatively small amounts of data and do not support advanced features such as data validation or transaction processing. Spreadsheets are primarily used for financial analysis, budgeting, and other types of data analysis that require calculations and formulas.
A database is a collection of data that is organized in a specific way to allow for easy retrieval and manipulation of information. It is a software application that allows users to store, organize, and manage large amounts of data. Databases typically have multiple tables that are related to each other through primary and foreign keys. They also support advanced features such as data validation, security controls, and transaction processing.
A spreadsheet, on the other hand, is a tool for organizing and analyzing data in rows and columns. It is a software application that allows users to create tables, perform calculations, and analyze data. Spreadsheets are typically used for relatively small amounts of data and do not support advanced features such as data validation or transaction processing. Spreadsheets are primarily used for financial analysis, budgeting, and other types of data analysis that require calculations and formulas.
Free Test
FREE
| Start Free Test |
Community Answer
What is the difference between “vote-onaccount” and interi...
(Correct Option:- B, 2 Only)
(VOTE ON ACCOUNT)
It deals with expenditure in government during the making of budget.
It allows the government to meet its expenses in the short period leading up to the elections.
The vote-on-account is passed as a convention without discussion, as opposed to a full budget where the budget is passed only after discussions are held. It
is like a grant-in-advance to the government to function properly until the voting on the demands for grants, as well as the passing of the Finance Bill and the Appropriation Bill.The sum of this grant is 1/6th of the estimated expenditure for the whole year under various demands for grants. The vote-on-account is valid for two months usually. The full budget is valid for a year. A vote-on-account contains only the expenditure of the government whereas the interim budget deals with both receipts and expenditure.
(INTERIM BUDGET)
An interim budget is presented by the government in the Parliament if it does not have the time to present a full budget, or if the general elections are around the corner. If in case the elections are nearing, it is only correct that the incoming government frame the full budget. In an interim budget, the first part is the same as the annual budget, that is the previous year’s income and expenses. However, only a documentation of the proposed basic expenses till the elections are included in the interim budget. In an interim budget (because it is close to the general elections), the Election Commission has given regulations to the effect that any major policy changes that can influence the voters unfairly are not permitted.¶¶¶¶
(VOTE ON ACCOUNT)
It deals with expenditure in government during the making of budget.
It allows the government to meet its expenses in the short period leading up to the elections.
The vote-on-account is passed as a convention without discussion, as opposed to a full budget where the budget is passed only after discussions are held. It
is like a grant-in-advance to the government to function properly until the voting on the demands for grants, as well as the passing of the Finance Bill and the Appropriation Bill.The sum of this grant is 1/6th of the estimated expenditure for the whole year under various demands for grants. The vote-on-account is valid for two months usually. The full budget is valid for a year. A vote-on-account contains only the expenditure of the government whereas the interim budget deals with both receipts and expenditure.
(INTERIM BUDGET)
An interim budget is presented by the government in the Parliament if it does not have the time to present a full budget, or if the general elections are around the corner. If in case the elections are nearing, it is only correct that the incoming government frame the full budget. In an interim budget, the first part is the same as the annual budget, that is the previous year’s income and expenses. However, only a documentation of the proposed basic expenses till the elections are included in the interim budget. In an interim budget (because it is close to the general elections), the Election Commission has given regulations to the effect that any major policy changes that can influence the voters unfairly are not permitted.¶¶¶¶
Attention UPSC Students!
To make sure you are not studying endlessly, EduRev has designed UPSC study material, with Structured Courses, Videos, & Test Series. Plus get personalized analysis, doubt solving and improvement plans to achieve a great score in UPSC.
|
Explore Courses for UPSC exam
|
|
Similar UPSC Doubts
Top Courses for UPSCView all
What is the difference between “vote-onaccount” 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 are budget, whilean “interim budget’’ includes both expenditure and receipts.Q.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'B'. Can you explain this answer?
Question Description
What is the difference between “vote-onaccount” 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 are budget, whilean “interim budget’’ includes both expenditure and receipts.Q.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'B'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about What is the difference between “vote-onaccount” 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 are budget, whilean “interim budget’’ includes both expenditure and receipts.Q.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What is the difference between “vote-onaccount” 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 are budget, whilean “interim budget’’ includes both expenditure and receipts.Q.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'B'. Can you explain this answer?.
What is the difference between “vote-onaccount” 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 are budget, whilean “interim budget’’ includes both expenditure and receipts.Q.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'B'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about What is the difference between “vote-onaccount” 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 are budget, whilean “interim budget’’ includes both expenditure and receipts.Q.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What is the difference between “vote-onaccount” 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 are budget, whilean “interim budget’’ includes both expenditure and receipts.Q.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'B'. Can you explain this answer?.
Solutions for What is the difference between “vote-onaccount” 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 are budget, whilean “interim budget’’ includes both expenditure and receipts.Q.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'B'. Can you explain this answer? in English & in Hindi are available as part of our courses for UPSC.
Download more important topics, notes, lectures and mock test series for UPSC Exam by signing up for free.
Here you can find the meaning of What is the difference between “vote-onaccount” 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 are budget, whilean “interim budget’’ includes both expenditure and receipts.Q.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'B'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of
What is the difference between “vote-onaccount” 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 are budget, whilean “interim budget’’ includes both expenditure and receipts.Q.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'B'. Can you explain this answer?, a detailed solution for What is the difference between “vote-onaccount” 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 are budget, whilean “interim budget’’ includes both expenditure and receipts.Q.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'B'. Can you explain this answer? has been provided alongside types of What is the difference between “vote-onaccount” 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 are budget, whilean “interim budget’’ includes both expenditure and receipts.Q.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'B'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice What is the difference between “vote-onaccount” 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 are budget, whilean “interim budget’’ includes both expenditure and receipts.Q.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'B'. Can you explain this answer? tests, examples and also practice UPSC tests.
|
|
Explore Courses for UPSC exam
|
|
Suggested Free Tests
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
|
© EduRev
|
Education Revolution
|
Follow Us
|
Signup to see your scores
go up within 7 days!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup