2023 · Q22
The executive is given an advance grant to meet temporary and running requirements of Government of India in the beginning of the new financial year until the demands are voted by the legislature. This is known as
General KnowledgeIndian Polity and Governance
- AVote of Credit
- BVote on Account
- CAppropriation Bill
- DAdvance Account
Explanation
A Vote on Account is the advance grant Parliament gives the executive, usually for about two months, to meet the government's running expenditure at the start of the financial year before the demands for grants are voted. A Vote of Credit is a different grant for an indefinite, unexpected demand.