Provision
- Votes on Account
- Votes of Credit
- Supplementary Grant
- Additional Grant
- Excess Grant
Purpose
- To meet a situation when the authorised amount by the Parliament is found to be insufficient.
- To meet expenditure, as an advance for part of a financial year pending the completion of the procedure to enact the Appropriation Bill.
- To meet the expenditure arisen due to some new service not contemplated in the budget.
- To meet the situation when money has been spent more than the amount granted in the budget.
- To meet unexpected demand where the magnitude of demand cannot be stated with details in budget.
Correct Answers
1. To meet expenditure, as an advance for part of a financial year pending the completion of the procedure to enact the Appropriation Bill.
2. To meet unexpected demand where the magnitude of demand cannot be stated with details in budget.
3. To meet a situation when the authorised amount by the Parliament is found to be insufficient.
4. To meet the expenditure arisen due to some new service not contemplated in the budget.
5. To meet the situation when money has been spent more than the amount granted in the budget.