The executive is given an advance grant to meet temporary and running requirements of Government of India in the beginning of the new financial year until the demands are voted by the legislature. This is known as:
- A. Vote of Credit
- B. Vote on Account ✓
- C. Appropriation Bill
- D. Advance Account
Correct Answer: B. Vote on Account
Explanation
A Vote on Account is an advance grant made by Parliament to the executive to cover estimated expenditures for a part of the new financial year pending the passing of the regular budget.
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