state gov MP Vyapam AAO (Group 2 Sub Group 2) Mock Test 2022 General Knowledge Economy Money and Banking
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