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Question
Which of the following terms can be defined as 'the permission required to withdraw money from the Consolidated Fund of India'?
Which of the following terms can be defined as 'the permission required to withdraw money from the Consolidated Fund of India'?
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Solution
The correct option is D Vote on Account
Vote on Account is the permission to withdraw money from the Consolidated Fund of India till such time that the Budget is passed. It’s more of a formality and doesn’t require extensive debate like the passing of a bill.
Vote on Account is the permission to withdraw money from the Consolidated Fund of India till such time that the Budget is passed. It’s more of a formality and doesn’t require extensive debate like the passing of a bill.
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