A "vote on account" is a provision made by the government in an election year to secure funds for the functioning of the government for a limited period, usually two to three months until the full budget is presented and passed by the new government. It deals only with the expenditure part of the budget and not the tax proposals or new schemes.

An "interim budget," on the other hand, is presented by the outgoing government in an election year just before the end of its term, and it includes both expenditure and receipts. It is essentially a budget for the entire year, and it is presented when the new government is not in a position to present a full budget due to the lack of time or for other reasons.

Therefore, statement 1 is incorrect as both "vote-on-account" and "interim budget" can be presented by the regular government as well as the caretaker government. Statement 2 is correct as it correctly describes the difference between the two.