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Which of the following is/was the type of budgetary practice followed in India? 1. Zero-base budgeting 2. Output and outcome budgeting 3. Development budgeting 4. Programmed Budgeting Choose the correct answer using the codes below

Which of the following is/was the type of budgetary practice followed in India? 1. Zero-base budgeting 2. Output and outcome budgeting 3. Development budgeting 4. Programmed Budgeting Choose the correct answer using the codes below Correct Answer 1 and 2 only

The correct answer is 1 and 2 only

Key Points

  • Development budgeting is done in order to monitor progress towards goals, help controlling spending and predict cash flow and profit. It is usually done by companies.
  • Programme budgeting, developed by U.S. president Lyndon Johnson, is the budgeting system that, contrary to conventional budgeting, describes and gives the detailed costs of every activity or programme that is to be carried out with a given budget.
    • For example, Expected results in a proposed programme are described fully, along with its necessary resource, raw materials, equipment, and staff costs. The sum of all activities or programmes constitute the Programme Budget.
  • Thus, when looking at a Programme Budget, one can easily find out what precisely will be carried out, at what cost and with what expected results in considerable detail.

Related Questions

Which of the following statements are correct?
1. In 2003 the ILO adopted a global strategy to improve occupational safety and health which included the introduction of a preventive safety and health culture.
2. It has adopted more than 40 standards specifically dealing with occupational safety and health, as well as over 40 Codes of Practice.
3. ILO's Codes of Practice are not legally binding instruments.
4. ILO's Codes of Practice are not intended to replace the provisions of national laws or regulations, or accepted standards.
In the following question, the 1st and the last part of the sentence/passage are numbered 1 and 6. The rest of the sentence/ passage is split into four parts and named P, Q, R and S. These four parts are not given in their proper order. Read the sentence/ passage and find out which of the four combinations is correct. 1. Hinduism is the primary religion of Nepal, and the religion holds strong taboos regarding menstruation. P. Living in these huts puts women at risk for poisoning, suffocation, hypothermia, wild animal attacks, snake bites, and sexual assault.  Q. The women are also barred from touching a large list of items, are supposed to eat frugally, and cannot meet people or venture out. R. One such practice is chhaupadi, in which menstruating women are banned from their homes and family activities and required to live in makeshift spaces known as menstrual huts.  S. Though outlawed by the Nepalese government in 2005, the custom still prevails in western regions of the nation, where communities fear misfortune if the practice isn’t adhered to. 6. Though the practice was outlawed in 2005, a teenage girl, a woman and her 2 sons, and now Rawat, have died due to the practice in 2019 alone, sparking national outrage and an official parliamentary investigation in Nepal.
Which of the following reasons led to the setting aside of the practice of 'talaqe- biddat', triple talaq in Shayara Bano v. Union of India, (2017) 9 SCC 1?
(1) Section 2 of the Muslim Personal Law (Shariat) Application Act, 1937 was a pre-constitutional legislation within the meaning of Article 13(1) and violative of Article 14 of the Constitution of India on the ground of arbitrariness.
(2) Section 2 of the Muslim Personal Law (Shariat) Application Act, 1937 was a pre-constitutional legislation within the meaning of Article 13(1) and violative of Article 15 of the Constitution of India, being discriminatory.
(3) Muslim Personal Law (Shariat) Application Act, 1937 is not a law regulating triple talaq but the practice of triple talaq was against the basic tenets of the Holy Quran and no practice against the tenets of Quran was permissible.
(4) 'Talaq-e-biddat' is integral to the religious denomination but the Supreme Court may injunct this practice as a means for severing matrimonial relationship.
As per the National Forestry Report, 1998 , India must retain a true cover of 33 per cent as against the 19 per cent at present . A budgetary allocation of Rs 850 crore is just a drop in the ocean. Conclusions: I.The forest coverage in a country should be in proportion to its popullation II.Inadequate budgetary allocation comes in the way of enhancing the forest coverage.
According to American based think tank, population Review Report 2020, which of the following statements is/are correct? 1. India's GDP in 2019 was 209 lakh crore. 2. India emerged as the fifth largest economy of the world. 3. India overtake countries like Britain and France. Select the correct answer using codes given below: Codes:
In the following question, sentences of a paragraph have been jumbled and labelled as A, B, C, and D. You are required to rearrange the jumbled sentences of the paragraph and mark your response accordingly by selecting the correct option.  A. Financial literacy can enable an individual to build up a budgetary guide to distinguish what he buys, what he spends, and what he owes. B. This subject additionally influences entrepreneurs, who incredibly add to the financial development and strength of our economy.  C.  It empowers people with basic knowledge of investment options, financial markets, capital budgeting, etc. D.  Financial literacy helps people in becoming independent and self-sufficient. 
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1. Unfair Trade Practice as there is a compulsion.
2. Restrictive Trade Practice as it amounts to a tying clause.
3. Unfair Trade Practice as the condition insists on purchasing something against the wishes of the customer.
Select the correct answer using the given below:
The question given below consists of a statement, followed by three arguments numbered I, II and III. You have to decide which of the arguments is/are ‘strong’ arguments and which is/are ‘weak’ arguments and accordingly choose your answer from the alternatives given below each question. Statement: In the wake of globalization and digitization of the manner in which the business are conducted, the IT/ITES industry holds a significant place in the future business scenario. The Economic Survey 2017-18 mentioned that the IT/ITES services industry in India has scaled to around $140 billion during 2016-17. India today is globally the top outsourcing destination accounting for more than half of the market share. The IT/ITES industry has contributed around 7.7% of the country's GDP and according to IBEF is a key employment generator with a projection of creating 1.3-1.5 lakh new jobs annually. Which among the following arguments support the above statement in the best possible manner? Arguments: I. The Government has also provided considerable inputs to the industry with its various flagship programmes such as Digital India, Smart Cities, e-Governance coupled with a drive towards a cashless economy. II. The Government has been pro-active in considering demands of the industry and providing timely respite from the teething troubles under GST as well.  III. The IT/ITES industry is a labour intensive industry and a large scale employment generator. It is a common practice across the industry to provide various privileges and facilities to their staff in order to boost employee retention rates in their organisation.
The question below consists of a set of labelled sentences is given. Out of the four options given, select the most logical order of the sentences to form a coherent paragraph. P- The youth has been making a tremendous contribution to the improvement of our society.  Q- The emerging global consensus on youth development emphasises the need to include the perspective of youths in the process of national development with the effective contribution of youths in national development practice. R- Over the years, there has been an increase in awareness about the important role the youth can play in the sustainable development of the nation. S- There is hardly any arena, be it cultural, social or economic development of the nation, where the youth has not played a role.
Consider a control unit generating the control signals. These control signals are divided into five mutually exclusive groups as shown below: Groups  G1  G1  G1  G1  G1 Control  Signals   3  7  10  12  2 How many bits are saved using the Vertical Micro-programmed instead of Horizontal Micro-programmed control unit?