With respect to the outcome budget or Outcome Budgeting, consider the following statements:

1. It aims to look at the performance of various ministries and departments with respect to the assigned annual budget.

2. India does not have any system of Outcome Budgeting.

Which of the statements given above is/are correct?

1
1 only
2
2 only
3
Both 1 and 2 
4
Neither 1 nor 2 
5
Answer Not Known

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