Which of the following pair(s) is/are correctly matched 1. Rule of lapse: Part of grant that can be carried over to next year 2. Supplementary: An advance grant to grant meet expenditures 3. Vote on: Additional funds account granted in the course of the financial year Select the correct answer using the code given below:?

1 only
1 and 2
2 and 3
None of the above

LohaHridoy

4 views

2025-01-04 04:42

1 Answers

AhmedNazir

Option 4 : None of the above

The correct answer is None of the above

Rule of Lapse	If the money left unspent in a financial year then it must lapse to the public treasury and the government should not be able to spend it unless it is re-sanctioned in next year’s budget.
Supplementary Grant	The additional grant required to meet the required expenditure of the government is called Supplementary Grants.
Vote on Account	Advance grant enables the government to carry on until the voting of demands for grants and the passing of the Appropriation Bill and Finance Bill. Hence, 3 is NOT correct.

4 views Answered 2022-09-04 04:29

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