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What is a vote-on-account budget? - Economics

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प्रश्न

What is a vote-on-account budget?

लघु उत्तरीय
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उत्तर

A vote on account is a special provision by which the government obtains parliament’s approval to withdraw funds from the consolidated fund of India to meet its short-term expenses until the full annual budget is passed. 

Vote-on-Account = Temporary permission for government spending before the main budget is approved.

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अध्याय 17: Government Budget - TEST YOURSELF QUESTIONS [पृष्ठ ३४४]

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फ्रैंक Economics [English] Class 12 ISC
अध्याय 17 Government Budget
TEST YOURSELF QUESTIONS | Q 32. | पृष्ठ ३४४
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अध्याय 30 Budget
EXAMINATION CORNER | Q 11. | पृष्ठ ३०.३०
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