Which of the following must be approved by Public Accounts Committee before being submitted to Parliament?

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Excess Grant. Excess Grant must be approved by Public Accounts Committee before being submitted to Parliament. Excess Grant – The Public Accounts Committee examines Excess Grant and gives recommendations to the Parliament. Excess Grant is the grant in excess of the approved grants for meeting the requisite expenses of the government. When actual expenditure incurred exceeds the approved grants of the Parliament, the Ministry of Finance and Ministry of Railways presents a Demand for Excess Grant. The Comptroller and Auditor General of India bring such excesses to the notice of the Parliament. Additional grant- This grant is provided when the government requires funds for any new service in addition to the services envisaged/contemplated in the financial statement of that year. Token Grant - This grant is issued when funds are needed for a new service in addition to the one already offered. Exceptional Grant - It is provided for a specific purpose and does not form part of the current service of that financial year.

Which of the following must be approved by Public Accounts Committee before being submitted to Parliament?

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