Various grants are made by the Parliament under extraordinary or special circumstances. In this context, which of the following grants is granted when funds to meet the proposed expenditure on a new service can be made available by reappropriation?a)Supplementary grantb)Exceptional grantc)Vote of creditd)Token grantCorrect answer is option 'D'. Can you explain this answer?

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a)
Supplementary grant
b)
Exceptional grant
c)
Vote of credit
d)
Token grant

Correct answer is option 'D'. Can you explain this answer?

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Various grants are made by the Parliament under extraordinary or speci...

In addition to the budget that contains the ordinary estimates of income and expenditure for one financial year, various other grants are made by the Parliament under extraordinary or special circumstances:
Supplementary Grant:
- It 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.
Additional Grant:
- It is granted when a need has arisen during the current financial year for additional expenditure upon some new service not contemplated in the budget for that year.
Excess Grant:
- It 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.
Vote of Credit:
- It is granted for meeting an unexpected demand upon the resources of India, when on account of the magnitude or the indefinite character of the service, the demand cannot be stated with the details ordinarily given in a budget. Hence, it is like a blank cheque given to the Executive by the Lok Sabha.
Exceptional Grant:
- It is granted for a special purpose and forms no part of the current service of any financial year.
Token Grant:
- It is granted when funds to meet the proposed expenditure on a new service can be made available by reappropriation. A demand for the grant of a token sum (of Re 1) is submitted to the vote of the Lok Sabha and if assented, funds are made available. Hence option (d) is the correct answer.

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Various grants are made by the Parliament under extraordinary or special circumstances. In this context, which of the following grants is granted when funds to meet the proposed expenditure on a new service can be made available by reappropriation?a)Supplementary grantb)Exceptional grantc)Vote of creditd)Token grantCorrect answer is option 'D'. Can you explain this answer?

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Various grants are made by the Parliament under extraordinary or special circumstances. In this context, which of the following grants is granted when funds to meet the proposed expenditure on a new service can be made available by reappropriation?a)Supplementary grantb)Exceptional grantc)Vote of creditd)Token grantCorrect 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 Various grants are made by the Parliament under extraordinary or special circumstances. In this context, which of the following grants is granted when funds to meet the proposed expenditure on a new service can be made available by reappropriation?a)Supplementary grantb)Exceptional grantc)Vote of creditd)Token grantCorrect 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 Various grants are made by the Parliament under extraordinary or special circumstances. In this context, which of the following grants is granted when funds to meet the proposed expenditure on a new service can be made available by reappropriation?a)Supplementary grantb)Exceptional grantc)Vote of creditd)Token grantCorrect answer is option 'D'. Can you explain this answer?.

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