Management Finance - Part 1

The Appropriation Act primarily provides:

Type: MCQ • Marks: 1
The Appropriation Act primarily provides:
Options
A. Authority for taxation policy
B. Legal authority to withdraw specified sums from the Consolidated Fund for authorised expenditure
C. Authority to conduct elections
D. Authority for monetary policy
Explanation
Appropriation legally authorises withdrawal of funds for voted and charged expenditure within specified limits.
UPSC Principal & Vice Principal Management Finance Administration

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