Management Finance - Part 1

A Vote on Account is primarily intended to:

Type: MCQ • Marks: 1
A Vote on Account is primarily intended to:
Options
A. Provide permanent approval for expenditure
B. Enable government to meet expenditure for a limited period pending full budgetary approval
C. Authorise retrospective taxation
D. Replace the Appropriation Act permanently
Explanation
Vote on Account provides temporary spending authority before the complete budgetary process is concluded.
UPSC Principal & Vice Principal Management Finance Administration

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