What is the difference between “vote-on-account” and “interim budget”?

1.The provision of a “vote-on-account” is used by a regular Government while an “interim budget” is a provision used by a caretaker Government.

2.A “vote-on-account” only deals with the expenditure in Government’s budget, while an “interim budget” includes both expenditure and receipts.

Which of the statements given above is/are correct?

Miscellaneous 2011

Options