Multiple choice

When the Lok Sabha makes any grant in advances in respect of the estimated expenditure for a part of any financial year pending for the completion of the procedure prescribed in the Constitution of India, this is called

  1. Vote on account

  2. Vote of credit

  3. Supplementary grant

  4. Additional grant

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A Correct answer
Explanation

Vote on account is a special provision allowing the Lok Sabha to authorize expenditure in advance for a part of the financial year when the full budget process cannot be completed in time. It enables the government to meet essential expenses pending approval of the full budget. Vote of credit is different (lumpsum for undefined purposes), while supplementary/additional grants are for excess expenditure during the year.