Token grant when reappropriation of funds is possible
Q. When funds to meet the proposed expenditure on a new service can be made available by reappropriation, then which grant is passed?- Published on 03 Oct 16a. Additional grant
b. Token grant
c. Excess grant
d. Reappropriation grant
ANSWER: Token grant
- Token Grant - It is granted when funds to meet the proposed expenditure on a new service can be made available by reappropriation.
- A demand for the grant of a token sum (of Re 1) is submitted to the vote of the Lok Sabha and if assented, funds are made available.
- Reappropriation involves transfer of funds from one head to another. It does not involve any additional expenditure.