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Grants And Funds In Indian Budget

Consider the following statements:

  1. Supplementary Grant is granted when the amount authorised by the Parliament through the appropriation act for a particular service for the current financial year is found to be insufficient for that year.
  2. The Comptroller and Auditor General (CAG) brings the demand for an excess grant to the notice of Parliament through a report on appropriation account.
  3. Additional Grant is granted when a need has arisen during the current financial year for supplementary or additional expenditure upon some new service not contemplated in the Budget for that year.

Which of the statement(s) is/are correct?

A
Only 1
B
2 and 3
C
1 and 3
D
1,2 and 3

CHRONICLE ESSAY COMPETITION being published in the CSC English Magazine is an initiative to give our readers a chance to test their essay writing skills and win a prize money of Rs. 1000/-. Many people across the country have been participating in the competition. The best essay will be published in the magazine and on the website.

The essay topic for this month i.e. March, is:

‘Technology is a useful servant but a dangerous master’

Last Date for Submission of the Essay: 1st of April, 2020

Instructions to Chronicle Essay Competition:

  1. The essay should not be more than 1200 words.
  2. The editorial team has the discretion of selecting the essays.
  3. Name, Address with pin code details required for delivering the cheque and online transfer.
  4. Essays can be sent via e-mail or by post.
  5. Mail your essays or Send to: Chronicle Publications (P) Ltd, A-27D, Sector 16, Noida –201301 (U.P.), cscenglish@chronicleindia.in

JUNIOR ESSAY COMPETITION being published in the CSC English Magazine is an initiative to give our readers a chance to test their essay writing skills and win a prize money of Rs. 1000/-. Many people across the country have been participating in the competition. The best essay will be published in the magazine and on the website.

The essay topic for this month i.e. March, is:

‘Technology is a useful servant but a dangerous master’

Last Date for Submission of the Essay: 1st of April, 2020

Instructions to Chronicle Essay Competition:

  1. The essay should not be more than 1200 words.
  2. The editorial team has the discretion of selecting the essays.
  3. Name, Address with pin code details required for delivering the cheque and online transfer.
  4. Essays can be sent via e-mail or by post.
  5. Mail your essays or Send to: Chronicle Publications (P) Ltd, A-27D, Sector 16, Noida –201301 (U.P.), cscenglish@chronicleindia.in