With reference to the Interim Budget and Vote on Account in India, consider the following statements: 1. The Constitution of India explicitly debars the government from presenting a full budget in an election year, allowing only an interim budget. 2. While a Vote on Account deals exclusively with the expenditure side of the budget, an Interim Budget encompasses both receipt and expenditure estimates.
Parliament, Lok Sabha, Rajya Sabha & Legislative Procedure — question ID 863
Options
A.
B.
Explanation
Statement 1 is incorrect because there is no provision in the Indian Constitution that restricts the government from presenting a full budget during an election year; doing so is purely a matter of convention. Statement 2 is correct because a Vote on Account is limited to the expenditure side for a short period, whereas an Interim Budget functions like a mini-budget, covering both revenue and expenditure sides.