Question
Which of the following statements is/are
incorrect? The concept of Zero-Base Budgeting was introduced in the country to reduce the reckless expenditure of the government and its departments. The process of Zero-Base Budgeting involves the review of every ministry’s expenditure at the beginning of each financial year in order to receive funding. India borrowed this concept from the Australia.Solution
India borrowed this concept from the USA.
Consider the following statements:
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Which option shows the INCORRECT statement?
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