A vote on account:
1. Prevents the Government from imposing fresh taxes or withdrawing old one
2. Allows the Government to withdraw an amount for a period without the consent of Parliament
3. Covers the deficit left by the last budget
Which among the above is / are correct statements?
The first statement is correct, because vote on account cannot alter taxes since they need to be passed through a finance bill. The second statement is incorrect, to make it correct replace ‘without’ by ‘with’. The third statement is imaginary only.
This question is a part of GKToday's Integrated IAS General Studies Module