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      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.
      A I and II only Correct Answer Incorrect Answer
      B II and III only Correct Answer Incorrect Answer
      C III only Correct Answer Incorrect Answer
      D All of the above Correct Answer Incorrect Answer

      Solution

      India borrowed this concept from the USA.

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