What is the difference between ‘vote-on account’ and ‘interim budget’?
I. The provision of a vote-on-account is used by a regular government, while interim budget is provision used by a caretaker government.
II. A vote-on-account only deals with the expenditure in government’s budget while an interim budget include both expenditure and receipts
Which of the following statement (s) given above are correct?

[A] Only I

[B] Only II

[C] Both I and II

[D] Neither I nor II

Answer & Explanation
Answer: Both I and II