What allows the government to meet the expenses of administration until the new parliament passes the Budget for the whole year?

Vote-on-account

The correct answer is Option 2 - Vote-on-account

A vote-on-account is a grant made by the parliament to enable the government to meet the expenses of administration until the new parliament passes the Budget for the whole year. It allows the government to withdraw funds from the Consolidated Fund of India to meet its essential expenses for a limited period.