Question map
Not attempted Correct Incorrect ★ Bookmarked
Loading…
Q39 (CAPF/2017) Economy › Government Finance & Budget › Union Budget process Answer Verified

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

Result
Your answer: —  Â·  Correct: D
Explanation

None of the provided pairs are correctly matched. The 'Rule of Lapse' is based on the principle of annuity, where any unspent grant at the end of the financial year expires and returns to the Consolidated Fund of India, rather than being carried over [4]. A 'Supplementary Grant' is granted when the amount authorized for a particular service for the current financial year is found to be insufficient, not as an advance grant [2]. A 'Vote on Account' is an advance grant made by the Parliament to allow the government to meet its expenditures for a part of the financial year before the passage of the Appropriation Bill, whereas the description provided in the question refers to an 'Additional Grant' [2]. Since all three definitions are mismatched with their respective terms, the correct option is 4.

Sources

  1. [3] Indian Polity, M. Laxmikanth(7th ed.) > Chapter 23: Parliament > III Financial Powers and Functions > p. 258
  2. [4] Laxmikanth, M. Indian Polity. 7th ed., McGraw Hill. > Chapter 23: Parliament > III Financial Powers and Functions > p. 258
  3. [1] Laxmikanth, M. Indian Polity. 7th ed., McGraw Hill. > Chapter 23: Parliament > Other Grants > p. 255
  4. [2] Indian Polity, M. Laxmikanth(7th ed.) > Chapter 23: Parliament > Other Grants > p. 255
How others answered
Each bar shows the % of students who chose that option. Green bar = correct answer, blue outline = your choice.
Community Performance
Out of everyone who attempted this question.
19%
got it right
✓ Thank you! We'll review this.

SIMILAR QUESTIONS

IAS · 2004 · Q90 Relevance score: -1.03

Which one of the following pairs is not correctly matched?

CAPF · 2021 · Q88 Relevance score: -1.03

Which of the following pairs is/are correctly matched? 1. Permanent Settlement : Lord Cornwallis 2. Ryotwari Settlement : Thomas Munro 3. Mahalwari Settlement : Holt Mackenzie Select the correct answer using the code given below.

NDA-II · 2008 · Q65 Relevance score: -1.51

Which of the following pairs are correctly matched? 1. ArundhatiRoy : The God of Small Things 2. Kiran Desai : The Inheritance of Loss 3. JhumpaLahiri : The Namesake Select the correct answer using the code given below :

IAS · 2006 · Q121 Relevance score: -1.59

Which of the following pairs is/are correctly matched?
Select the correct answer by using the codes given below:

Inventor | Invention
I. Christopher Cockerell | (A) Hovercraft
II. David Bushnell | (B) Submarine
III. J. C. Perrier | (C) Steamship

CAPF · 2008 · Q64 Relevance score: -1.81

Consider the following pairs : 1. Ilbert Bill —Lord Hastings 2. August Offer —Lord Ripon Which of the above pairs is/are correctly matched ?