Which of the following statements is/are true with respect to Performance Budget?

1. It is taken on the basis on the result of any activity

2. It was introduced in the USA for the first time

3. Performance budget is also known as Outcome budget in India

4. Hooper Commission was set up for Performance Budget 

1
Only 1 and 2
2
Only 2 and 3
3
Only 1, 2 and 3
4
All of these

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