Q. Which of the following is not true about 'vote-on-account'? [Bank PO 1991] (Solved)
1. It is a budget presented in the Parliament to cover the deficit left by the last budget
2. It does not allow the Government to set for the economic policies of the new plan which starts from April 1
3. It prevents the Government from imposing fresh taxes or withdrawing old one
4. This allows the Government to withdraw an amount for a period with the consent of Parliament
- a. It is a budget presented in the Parliament to cover the deficit left by the last budget