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Consider the following statements:
1. Supplementary Grant is granted when a need arises during the current financial year for additional expenditure upon some new service not mentioned in the Budget.
2. Excess Grant is granted when the amount authorised by the Parliament through appropriation act for a particular service is found to be insufficient for the year.
3. Additional Grant is granted when more money has been spent on any service in addition to the amount granted for that service in the budget.
Which of the statements given above is/are correct?
  • a)
    1 and 2 only
  • b)
    3 only
  • c)
    2 and 3 only
  • d)
    None of the above
Correct answer is option 'D'. Can you explain this answer?
Verified Answer
Consider the following statements:1. Supplementary Grant is granted w...
Statement 1 is incorrect. Supplementary Grant is granted when the amount authorised by the Parliament through the appropriation act for a particular service for the current financial year is found to be insufficient for that year.
Statement 2 is incorrect. Additional Grant is granted when a need has arisen during the current financial year for additional expenditure upon new service not contemplated in the budget.
Statement 3 is incorrect. Excess Grant is granted when money has been spent on any service during a financial year in excess of the amount granted for that service in the budget for that year.
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Consider the following statements:1. Supplementary Grant is granted when a need arises during the current financial year for additional expenditure upon some new service not mentioned in the Budget.2. Excess Grant is granted when the amount authorised by the Parliament through appropriation act for a particular service is found to be insufficient for the year.3. Additional Grant is granted when more money has been spent on any service in addition to the amount granted for that service in the budget.Which of the statements given above is/are correct?a) 1 and 2 onlyb) 3 onlyc) 2 and 3 onlyd) None of the aboveCorrect answer is option 'D'. Can you explain this answer?
Question Description
Consider the following statements:1. Supplementary Grant is granted when a need arises during the current financial year for additional expenditure upon some new service not mentioned in the Budget.2. Excess Grant is granted when the amount authorised by the Parliament through appropriation act for a particular service is found to be insufficient for the year.3. Additional Grant is granted when more money has been spent on any service in addition to the amount granted for that service in the budget.Which of the statements given above is/are correct?a) 1 and 2 onlyb) 3 onlyc) 2 and 3 onlyd) None of the aboveCorrect answer is option 'D'. 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 Consider the following statements:1. Supplementary Grant is granted when a need arises during the current financial year for additional expenditure upon some new service not mentioned in the Budget.2. Excess Grant is granted when the amount authorised by the Parliament through appropriation act for a particular service is found to be insufficient for the year.3. Additional Grant is granted when more money has been spent on any service in addition to the amount granted for that service in the budget.Which of the statements given above is/are correct?a) 1 and 2 onlyb) 3 onlyc) 2 and 3 onlyd) None of the aboveCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statements:1. Supplementary Grant is granted when a need arises during the current financial year for additional expenditure upon some new service not mentioned in the Budget.2. Excess Grant is granted when the amount authorised by the Parliament through appropriation act for a particular service is found to be insufficient for the year.3. Additional Grant is granted when more money has been spent on any service in addition to the amount granted for that service in the budget.Which of the statements given above is/are correct?a) 1 and 2 onlyb) 3 onlyc) 2 and 3 onlyd) None of the aboveCorrect answer is option 'D'. Can you explain this answer?.
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