Management Finance - Part 1

A ministry discovers during the financial year that the amount authorised for a particular service is insufficient Which...

Type: MCQ • Marks: 1
A ministry discovers during the financial year that the amount authorised for a particular service is insufficient Which mechanism is most directly relevant?
Options
A. Excess Grant
B. Supplementary Grant
C. Vote of Credit
D. Token Grant
Explanation
A supplementary grant is sought when the amount authorised for a service is insufficient or when additional expenditure becomes necessary.
Want to attempt the full test series with a timer and instant score? Purchase the package to unlock the complete test. Purchase Now
UPSC Principal & Vice Principal Management Finance Administration

Practice more

This page is indexed for search so students can find questions directly from Google.

Purchase Full Access View full Test Series Browse Test Series
Login / Register
Chat on WhatsApp Go Back Top