Question
Which of the following is used for calculating dearness
allowance to government employees for increase in prices in India?Solution
CPI or Consumer Price Index is the only component amongst three that changes on a monthly basis and these changes result in the increase/decrease of the variable dearness allowance. Base Index: this component of the VAD remains constant for a fixed period of time.
Consider the following statements in regard to Zero Base Budgeting (ZBB) :
(1) Existing Government programmes can be discarded under ZBB if they ...
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