Management Finance - Part 1

A Vote on Account primarily enables the government to:

Type: MCQ • Marks: 1
A Vote on Account primarily enables the government to:
Options
A. Obtain approval for all supplementary expenditure permanently
B. Meet essential expenditure for a limited period before the full budget is passed
C. Avoid parliamentary financial control
D. Impose new taxes without legislation
Explanation
Vote on Account is a temporary mechanism enabling government to incur expenditure pending passage of the Appropriation Act for the full financial year.
UPSC Principal & Vice Principal Management Finance Administration

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