Consider the following statements
1. The Vote on account is an outcome of passing of the budget in the new financial year.
2. Guillotine is an instrument used to make up for less time available to the Parliament

1 only

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2 only

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Both 1 and 2

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None of the above

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Solution

The correct option is C Both 1 and 2
The Vote on Account is the special provision given to the government to obtain the vote of Parliament to withdraw money when the budget for the new financial year is not released or the elections are underway, and the caretaker government is in place.

In legislative parlance, to “Guillotine” means to bunch together and fast-track the passage of financial business. It is a fairly common procedural exercise in Lok Sabha during the Budget Session.

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Consider the following statements 1. The Vote on account is an outcome of passing of the budget in the new financial year. 2. Guillotine is an instrument used to make up for less time available to the Parliament

Consider the following statements
1. The Vote on account is an outcome of passing of the budget in the new financial year.
2. Guillotine is an instrument used to make up for less time available to the Parliament